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N.A.F.T.A.

The North American Free Trade Agreement (NAFTA) took effect January 1, 1994. It is a trade agreement between all three of countries of North America, which are The United States, Canada, and Mexico. The Canadian Prime Minister, Brian Mulroney, the Mexican President, Carlos Salinas de Gortari, and former U.S. President George H. Bush spearheaded the agreement. Relationships between the countries were already on good terms, especially between The United States and Canada. Five years before NAFTA went into effect they signed the Canada-U.S. Free Trade Agreement that eliminated all tariffs. It was only time before a more integrated agreement was put into effect for all of North America. The geographic location and the already established trade of goods and services made NAFTA a logical decision.
Most trade agreements are created for the elimination of tariffs between the specified countries, but NAFTA is an exception. It covers market access, such as phasing out......

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Approximate Word Count: 987
Approximate Pages: 4 (250 words per double-spaced page)

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