Appendix H: North American Free Trade Agreement*
Free-trade agreements represent a leverage method to gain competitive advantage in global trade, opening the door for growth and expansion. The following overview of the North American Free Trade Agreement (NAFTA) between the United States, Canada, and Mexico presents the details necessary to comprehend this important trade-facilitation law that encourages international partnerships.
On January 1, 1994, the NAFTA entered into force. All remaining duties and quantitative restrictions were eliminated, as scheduled, on January 1, 2008. NAFTA created the world’s largest free trade area, which now links ...
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