The North American Free Trade Agreement (NAFTA) is a trilateral trade agreement between Canada, Mexico, and the United States. NAFTA was implemented in 1994 with the main objective of eliminating barriers to trade and investment between the three countries. The agreement created the world`s largest free trade area, covering a population of approximately 470 million people and a combined GDP of over $20 trillion.
NAFTA has been a subject of controversy over the years, with proponents arguing that it has helped to increase trade and investment, boost economic growth, and create jobs. However, opponents have raised concerns about job losses, environmental degradation, and social inequality, among other issues.
If you want to learn more about NAFTA, Wikipedia is a great resource to consult. The NAFTA Wikipedia page provides detailed information about the agreement`s history, objectives, benefits, and criticisms. The page also includes information about NAFTA`s impact on various sectors, such as agriculture, manufacturing, and services.
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