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NAFTA   /nˈæftə/   Listen
NAFTA

noun
1.
An agreement for free trade between the United States and Canada and Mexico; became effective in 1994 for ten years.  Synonym: North American Free Trade Agreement.





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"NAFTA" Quotes from Famous Books



... have averaged nearly 3.0% since 1993. Unemployment is falling and government budget surpluses are being partially devoted to reducing the large public sector debt. The 1989 US-Canada Free Trade Agreement (FTA) and 1994 North American Free Trade Agreement (NAFTA) (which included Mexico) have touched off a dramatic increase in trade and economic integration with the US. With its great natural resources, skilled labor force, and modern capital plant Canada can anticipate solid economic prospects in the future. The continuing ...
— The 1999 CIA Factbook • United States. Central Intelligence Agency.


Words linked to "NAFTA" :   North American Free Trade Agreement, free trade


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