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NAFTA: North American Free Trade Agreement

NAFTA: North American Free Trade Agreement

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NAFTA is North American Free Trade Agreement and it stands for the free trade between Canada, United States of America and Mexico. NAFTA is the largest free trade area in the world. As any agreement, it has its own advantages and disadvantages. Whenever NAFTA was formed, the number of trades increased by a lot because there were no restrictions about it. When there is increased number of trades, there is a huge economic growth. Another benefit that people gain was that because of no tariffs, import prices were lowered and the risk of inflation got lowered as well. Due to the free trade agreement, millions of jobs were created for US citizens. It was not created in every state, but it made a big influence on the USA. Lastly, this agreement reduced

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