North American Free Trade Agreement Nafta Of

Definition of "North american free trade agreement (nafta) of 1993"

Margaret Hart Coldwell Banker Paradise

Agreement that eliminates tariffs among the United States, Canada, and Mexico over a 15-year period. Approximately 65% of United States agricultural and industrial exports would be eligible for duty-free entry into Mexico and Canada, either on an immediate basis or within five years. This could very well expand insurance operations both south and north of the border.