The North American Free Trade Agreement

21 August 2022
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North American Free Trade Agreement
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the North American Free Trade Agreement (NAFTA) is a treaty between Canada, Mexico, and the United States made in 1994. those three country's make this organization the largest free trade agreement in the world
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when it was formed
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The North American Free Trade Agreement (NAFTA) was formed on January first 1994 with which Canada, Mexico, and the United States came into action
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importance
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It's important because NAFTA is trying to get rid of barriers and tarrifs. It also tries to invest and trade between Canada, the US, and Mexico. It also gets rid of poverty in Canada
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function
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A couple of the main/major functions are: to get rid of trade barriers in numbers of service sectors belonging to it's members. To advertise the conditions of fair competition in the free trade zone/area
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economy
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For more than twenty years after NAFTA was formed, NAFTA continued to debate on economic growth and jobs. The economies are starting to fall apart which means NAFTA is falling apart which also means less fair trade, more poverty and more tarrifs between the US and Mexico