Question

What are the similarities and differences between NAFTA and GATT?

Review the list of items, and choose where they belong in the Venn diagram.


International focus

North American focus

Reduce tariffs

Replaced by WTO

Trade agreements

Answer 1

Place the items as follows.

GATT only
- International focus — GATT was a multilateral/global system of rules among many countries.
- Replaced by WTO — GATT’s framework was succeeded by the World Trade Organization in 1995.

NAFTA only
- North American focus — NAFTA was a regional agreement among the U.S., Canada and Mexico.

Both (overlap)
- Reduce tariffs — both agreements sought to lower tariff barriers among members.
- Trade agreements — both are/are were trade agreements (GATT as a multilateral treaty framework; NAFTA as a regional free‑trade agreement).

(If useful: NAFTA was later superseded by the USMCA in 2020; that’s separate from the GATT→WTO transition.)