1. NAFTA
NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs by the year 2004. ... It is set up on the basis of free trade zones and eventually to lead to a common market. ... It was set up to adopt a common trade policy with nations that are not a part of the market and to set up a fixed common external tariff for all to follow. ... These free trade agreements serve to promote unified movement within the EFTA's economic relationships and to strengthen Europe's international trade alliances. ... The work of NAFTA has also served to benefit Mexico's ...
- Word Count: 3714
- Approx Pages: 15
- Grade Level: Undergraduate