NAFTA
The North American Free Trade Agreement (NAFTA) is a trade agreement between Canada, United States, and Mexico without protective customs tariffs. ... NAFTA was also established to improve working conditions and develop international cooperation in North America. ... Agricultural trade especially profited from NAFTA as most agricultural imports and exports increased more than 100% since 1994. Figure1 illustrates the increase in both imports and exports before and after NAFTA. Other than agricultural trade, the automotive industry also benefited from NAFTA. ... Though the benefits were vital for every nation, there are some drawbacks of NAFTA, which makes NAFTA seem unfavourable.