Encyclopedia > North America Free Trade Agreement (NAFTA)
North American Free Trade Agreement
Redirected from North America Free Trade Agreement (NAFTA)
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.
| NAFTA initialing ceremony |
See also Free Trade Area of the Americas.
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