The Creation Of NAFTA
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NAFTA, or the North American Free Trade Agreement is a trade agreement that was created in 1994. The purpose of this agreement is to provide free trade for the North American countries of Mexico, Canada, and the United States. Its goal is to eliminate all trade barriers and restrictions that exis ....
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.... among themselves without tariffs or trade restrictions. This free trade area is the most important goal that NAFTA is trying to acheive.
Since its creation in 1994, NAFTA has been a huge success for all three countries involved. Trade has become much easier and has increased tremendously between these countries. For example, after NAFTA’s first year in existance, trade between the United States and Mexico increased by over sixteen billion dollars. Also, several American franchises such a ....
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