What was the North American Free Trade Agreement (NAFTA)?

Answer 1

The North American Free Trade Agreement (NAFTA) was a trilateral trade agreement between the United States, Canada, and Mexico that went into effect on January 1, 1994. It was designed to eliminate trade barriers and facilitate the flow of goods and services between the three countries. NAFTA aimed to promote economic growth and job creation by reducing tariffs, increasing investment opportunities, and fostering closer cooperation between the three countries.