NAFTA & EU

Characteristics of European Union and North American Free Trade Agreement



Characteristics of European Union and North American Free Trade Agreement

North American Free Trade Agreement

NAFTA (North American Free Trade Agreement) was an agreement signed between the American, Canadian and Mexican government in order to promote free trade within them. The foundations of NAFTA can be found in US Congress's passing of Trade and Tariff Act. United States at that was the leading propelling force in promotion multilateral trade. United States has supported the economic integration among different economies including Europe. The major driving force was to provide platform for ...