North American Free Trade Agreement

From Wikinfo

Revision as of 17:10, 2 December 2003 by Fred Bauder (Talk | contribs)
(diff) ← Older revision | Current revision (diff) | Newer revision → (diff)
Jump to: navigation, search
[[es:Tratado de Libre Comercio de Am�rica del Norte]]

The North American Free Trade Agreement, known usually as NAFTA, is comprehensive trade agreement linking Canada, the U.S.A., and Mexico in a free trade sphere. Unlike the European Union, NAFTA does not create a set of supranational governmental bodies, nor does it create a body of law which is superior to national law. NAFTA went into effect on January 1, 1994.

See: anti-globalization movement.

NAFTA, as an international agreement, is very similar to a treaty. Under United States law it is classed as a congressional-executive agreement.

image:nafta.jpg
NAFTA initialing ceremony

See also Free Trade Area of the Americas, maquiladora.


External link

References

In other languages