NAFTA is an example of
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Answer:The North American Free Trade Agreement (NAFTA), which was enacted in 1994 and created a free trade area for Mexico, Canada, and the United States, is the most important element of bilateral trade relations between the US and Mexico.
Explanation:
An example of NAFTA is the agreement that went into effect on January 1, 1994, to stimulate trade and investment between the US, Canada, and Mexico.
The North American Free Trade Agreement (NAFTA) created a free trade area in North America; it was signed in 1992 by Canada, Mexico and the United States and entered into force on January 1, 1994. NAFTA immediately eliminated tariffs on most goods produced by the signatory states.
The North American Free Trade Agreement (NAFTA), which was enacted in 1994 and created a free trade area for Mexico, Canada, and the United States, is the most important element of bilateral trade relations between the US and Mexico.
As of January 1, 2008, all tariffs and quotas on US exports to Mexico and Canada were eliminated under the North American Free Trade Agreement (NAFTA).
NAFTA provides coverage of services in addition to air transport, maritime transport and basic telecommunications. The agreement also provides protection for intellectual property rights in various areas, including patents, trademarks and copyrighted material.
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