The North American Free Trade Agreement [ ]


North American Free Trade Agreement (NAFTA) built up a free-trade zone in North America; it was marked in 1992 by Canada, Mexico, and the United States and took an impact on Jan. 1, 1994. NAFTA instantly lifted duties on the majority of products and services produced by the signatory countries. It likewise requires the safe disposal, over a time of 15 years, of most remaining hindrances to cross-fringe investments and the development of products and services among the three nations.