North American Free Trade Agreement (NAFTA) - Financial definition
Financial acronyms
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Concise definition of the term North American Free Trade Agreement
The North American Free Trade Agreement is an agreement that created a trilateral trade bloc composed of Canada, Mexico, and the United States.
Comprehensive definition of the term North American Free Trade Agreement
The agreement came into force in 1994 and is set to be replaced by the United States–Mexico–Canada Agreement of 2018 as soon as the latter has been ratified by its members.