What is the main activity of NAFTA?

Answer 1

The North American Free Trade Agreement (NAFTA) primarily aimed to eliminate trade barriers between the United States, Canada, and Mexico, fostering increased economic cooperation and trade. By reducing tariffs and facilitating cross-border investments, NAFTA sought to create a more integrated North American market. This agreement also included provisions for labor and environmental standards to ensure fair practices among member countries. NAFTA was replaced by the United States-Mexico-Canada Agreement (USMCA) in 2020.