Encyclopedia > North American Free Trade Agreement

  Article Content

North American Free Trade Agreement

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.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
DB

... German railway company DB is the abbreviation of Dominion Breweries[?], a major beer brewing company of New Zealand. This is a disambiguation page; that is, one that ...

 
 
 
This page was created in 50.2 ms