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The Success of NAFTA

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What do you know about NAFTA? Use the internet to gather some information about NAFTA and why and when it was started? Do you believe it has been successful in achieving its objectives? Why or why not? Make sure to state the sources from where you got your information.

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Solution Summary

This solution of 414 words explains the NAFTA organization and its background history. It provides a summary of the organization's achievements and evaluates the success of NAFTA. References used are included.

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The North American Free Trade Agreement (NAFTA) was created in 1992 and later signed into law by President Bill Clinton in 1993 and includes the countries of Canada, Mexico and the United States, making it the largest free trade area in the world. The agreement was signed by President George H.W. Bush, Mexican President Salinas and Canadian Prime Minister Brian Mulroney and was ratified by the legislatures of all three countries in 1993 with the purpose of increasing business investment, reducing trading costs and helping North America be more competitive in the global marketplace. Some other goals of NAFTA include the elimination of barriers to trade and ...

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