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nafta

 

Definitions from the Web

NAFTA

Description

The North American Free Trade Agreement (NAFTA) is an agreement between the governments of Canada, Mexico, and the United States, aiming to promote free trade and economic cooperation in North America. It removed many tariffs and trade barriers between the three countries, facilitating the movement of goods and services across borders.

Senses and Usages

Sense 1: International Trade Agreement

Noun

NAFTA is a landmark agreement that paved the way for increased trade between Canada, Mexico, and the United States.

Related products: NAFTA agreement books, NAFTA history books

Sense 2: Economic Cooperation

Noun

NAFTA has played a crucial role in promoting economic cooperation and integration among the member countries.

Related products: NAFTA economics books, NAFTA economic impacts books

Sense 3: Trade Liberalization

Noun

NAFTA led to significant trade liberalization, reducing barriers and increasing market access for businesses in North America.

Related products: NAFTA trade liberalization books

Sense 4: NAFTA Country

Noun

Mexico is one of the NAFTA countries that has benefited from increased trade with Canada and the United States.

Related products: NAFTA country books

Sense 5: NAFTA Member

Noun

As a NAFTA member, Canada has enjoyed preferential trading arrangements with Mexico and the United States.

Related products: NAFTA member books

Sense 6: NAFTA's Impact on Jobs

Noun

NAFTA has had a significant impact on job creation and employment opportunities in North America.

Related products: NAFTA job creation books

Sense 7: NAFTA Agreement

Noun

The NAFTA agreement established a framework for regional economic cooperation and free trade.

Related products: NAFTA agreement books, NAFTA history books

Sense 8: NAFTA Negotiations

Noun

The NAFTA negotiations aimed to address various trade issues and update the agreement for the modern era.

Related products: NAFTA negotiations books

Sense 9: NAFTA Policy

Noun

Government officials discussed the implementation of new NAFTA policies to further enhance trade relations.

Related products: NAFTA policy books

Sense 10: NAFTA Market

Noun

The creation of the NAFTA market boosted economic integration and provides a larger customer base for businesses.

Related products: NAFTA market books

Sense 11: NAFTA Impact on Agriculture

Noun

The NAFTA agreement had both positive and negative impacts on the agriculture industry in North America.

Related products: NAFTA agriculture books

Sense 12: NAFTA Provisions

Noun

The NAFTA provisions cover various aspects of trade, investment, and intellectual property rights.

Related products: NAFTA provisions books

Sense 13: Impact of NAFTA on Industries

Noun

Industries such as automotive and manufacturing experienced significant changes as a result of NAFTA.

Related products: NAFTA automotive industry books, NAFTA manufacturing books

Sense 14: NAFTA Regional Integration

Noun

NAFTA contributed to increased regional integration and cooperation among Canada, Mexico, and the United States.

Related products: NAFTA regional integration books

Sense 15: NAFTA's Success

Noun

Debates continue regarding the overall success and impact of NAFTA on the economies of the member countries.

Related products: NAFTA success books

Sense 16: NAFTA Principles

Noun

The guiding principles of NAFTA include promoting fair and open trade, investment protection, and dispute resolution.

Related products: NAFTA principles books

Sense 17: NAFTA Regulations

Noun

Businesses must comply with NAFTA regulations when conducting cross-border trade within the member countries.

Related products: NAFTA regulations books

These sample sentences showcase the various senses and usages of "nafta":

  • 1. The NAFTA agreement has been instrumental in fostering economic cooperation between the member countries.
  • 2. Canada's automotive industry witnessed growth due to increased trade within NAFTA.
  • 3. Critics argue that NAFTA led to job losses in specific sectors.
  • 4. Many agricultural products enjoy tariff-free access to NAFTA markets.
  • 5. The ongoing NAFTA negotiations aim to address the concerns of all member countries.
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