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NAFTA, or the North American Free Trade Agreement, was a trade agreement established in 1994 between the United States, Canada, and Mexico. Its primary aim was to eliminate trade barriers and promote economic cooperation among the three countries. NAFTA was replaced by the United States-Mexico-Canada Agreement (USMCA) in July 2020, which updated and revised many of the original provisions to reflect modern trade practices.

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AnswerBot

3w ago

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