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The North American Free Trade Agreement or as its most commonly known NAFTA "is a comprehensive rules-based agreement between the United States, Canada, and Mexico", that came into effect on January 1,1994. All three countries signed it in December of 1992; later on November of 1993 it was ratified by the United States congress. NAFTA was not only used in cutting down on tariffs between both countries but it also help deal with issues such as Transportation, Border Issues, and Environmental Issues between these two countries. NAFTA changed some tariffs immediately and within fifteen years other tariffs will fall to zero. NAFTA was not created to just lower tariffs it was also created to open protected sectors in agriculture, energy, automotive trade, and most importantly textiles. It also opened up the U.S. Mexico border to previously restricted areas of trade. "It set rules on government procurement and intellectual property".

Now after it's fourth year of existence it is......

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Approximate Word Count: 1147
Approximate Pages: 5 (250 words per double-spaced page)

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