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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

What is the North American Free Trade Agreement (NAFTA)? What is its importance for the United States, Canada, and Mexico?

Summary Introduction

To determine: The meaning of NAFTA and its importance for the United States Canada and Mexico.

Introduction: The World Trade Organization (WTO) is a worldwide association that enables nations and makers of merchandise to bargain decently and easily with leading their business crosswise over global fringes.

Explanation

NAFTA: It is abbreviated as North American Free Trade Agreement, which is an understanding among the United States, Canada and Mexico intended to expel duty hindrances between the three nations.

The importance for the United States Canada and Mexico are as follows:

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