North American Free Trade Agreement
The North American Free Trade Agreement (NAFTA; Spanish: Tratado de Libre Comercio de América del Norte, TLCAN; French: Accord de libre-échange nord-américain, ALÉNA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral rules-based trade bloc in North America. The agreement came into force on January 1, 1994. It superseded the Canada–United States Free Trade Agreement between the U.S. and Canada.
NAFTA has two supplements: the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAALC).
In terms of combined purchasing power parity GDP of its members, as of 2013 the trade bloc is the largest in the world as well as by nominal GDP comparison.
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Books/Sources
- NAFTA at 20: The North American Free Trade Agreement's Achievements and Challenges - Michael J. Boskin
- North American Free Trade Agreement, 1992 Oct. 7 - Canada
Youtube
- General Agreement on Tariffs and Trade (GATT) and North American Free Trade Agreement (NAFTA)
- Environmental Regulation and the North American Free Trade Agreement (NAFTA)