Canada, Mexico, and the United States signed The North American Free Trade Agreement (NAFTA) in December 1992, and it came into effect on January 1st, 1994. "The NAFTA builds on the bilateral Canada-U.S. Free Trade Agreement (CUSFTA) which came into effect on January, 1989. … Major advances in the NAFTA over the CUSFTA include the substantially expanded coverage of government procurement … intellectual property and investor's rights … as well as more stringent rules of origin” (“North American”).
Canada, Mexico, and the United States created NAFTA to improve the economy of their nations. The purpose of the agreement was to improve the flow of goods, services and investments by eliminating the borderline of three countries. According to Geo
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