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The North American Free Trade Agreement

The North American Free Trade Agreement (NAFTA)

The North American Free Trade Agreement is a free trade agreement among Canada, the United States of America, and Mexico, based on the model of the European Communities (today: European Union). NAFTA was signed separately by the leaders of the three countries, president Bill Clinton, president Carlos Salinas de Gortari and prime minister Brian Mulroney on December 17, 1992 and went into effect on January 1, 1994.
The North American Free Trade Agreement (NAFTA), which became effective on January 1, 1994, demanded both the gradual and immediate elimination of most tariffs and other trade barriers on products and services traded between Mexico, Canada and the United States. While trade agreements could serve as vehicles to promote a more sustainable and just development, NAFTA did very little to safeguard our environment. NAFTA transferred enormous power from democratic governments to multi-national corporations and faceless global......


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Approximate Word Count: 469
Approximate Pages: 2 (250 words per double-spaced page)

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