North American Free Trade Agreement
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NAFTA is a trade agreement between Canada, Mexico, and the United States that aims to eliminate trade barriers and facilitate cross-border movement of goods and services. It was signed in 1992 and took effect in 1994. While NAFTA increased trade between member countries, it also resulted in job losses in some industries and has been blamed for rising inequality. Opinions on the impacts of NAFTA remain mixed among citizens of member countries.
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North American Free Trade Agreement
- 12. CONTRIBUTION TO NAFTA MEMBER COUNTRY CONTRIBUTION / SUPPLY UNITED STATES Technology, Services, and data processing, medical and space research and capital CANADA Mineral, forest products, energy and technological expertise MEXICO Labors, Petroleum and agricultural products