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President Bill Clinton signed the North American Free Trade Agreement and the General Agreement on Trade & Tariffs (NAFTA/GATT)
NAFTA (:
NorthAmericanFreeTradeAgreement
North American Free Trade Agreement (NAFTA), pact that calls for the gradual removal of tariffs and other trade barriers on most goods produced and sold in North America.
North American Free Trade Agreement (NAFTA)
The North American Free Trade Agreement (NAFTA) was instituted so that tariffs on trade would be greatly minimalized for trade occurring between all the countries in North America (Canada, the United States, and Mexico)--so that trade would be encouraged within the realm of North America and not discouraged.
The General Agreement on Tariffs and Trade was succeeded by the World Trade Organization.
North American Free Trade Agreement (NAFTA)
NAFTA is the North American Free Trade Agreement which reduced or eliminated tariffs between the major countries of North America. NAFTA includes the United States, Canada, and Mexico. Created on January 1, 1994, it was designed to eliminate trade barriers, create a common market, and increase trade and investment.
to expand world trade by reducing tariffs
to improve infrastructure in North America by pooling resources
C. The North American Free Trade Agreement (NAFTA)