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It became positive and grew exponentially. From a small negative balance of USD 1.66 billion in 1993 (bilateral trade amounted for 81.49 billion), nowadays it has a positive trade balance of 54.45 billion, and bilateral trade is 506.61 billion.

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After nafta went into effect the zapatista national liberation army began a revolt against the Mexican government?

NAFTA went into effect


When did NAFTA come into effect?

it came into effect around 1994


NAFTA went into effect on January 1 of what year?

1994.


What is something major that happened in 1994?

World events from 1994 include the beginning of NAFTA, and Nancy Kerrigan being attacked. Other events in 1994 were a large earthquake in Los Angeles, and the Brady Law going into effect.


What is the Significance of NAFTA?

NAFTA is significant because it allows for trade between three nations without paying any tariffs or other taxes. NAFTA stands for North American Free Trade Agreement. It went into effect in 1994 and includes Canada, the United States, and Mexico.


When did the North American Free Trade Agreement NAFTA go into effect?

1994 US Canada Mexico


After the Zapatista National Liberation Army began a revolt against the Mexican government.?

NAFTA went into effect


the Zapatista National Liberation Army began a revolt against the Mexican government?

NAFTA went into effect


What are the advantages and disadvantages of mexicos membership in NAFTA?

After the establishment of NAFTA, Mexico was relieved of tariffs on its exports to the US and Canada. It was a major benefit for Mexico's economy in particular. Also, because NAFTA lifts tariffs off trade between North American countries, US and Canada imports are also cheaper in Mexico. Mexico is arguably the country that benefited the most from NAFTA.


When was NAFTA founded?

nafta was founded in 1945


Does NAFTA still exist?

does nafta exist


Coming into effect in 1994 nafta encourage free trade between the US and which two other countries?

Canada and Mexico