North America Free Trade Agreement, known as NAFTA, is an implement that abolishes all tariffs for trades between Mexico, Canada, and USA. Tariffs are additional fees a customer must purchase in order to buy foreign products, and thus, they may decrease the sold amounts of imported goods, due to their relatively higher price. By having this agreement, consumers now get to buy imported products at the same price compared to domestic ones, and trading will be more encouraged due to this. Mexico, Canada, and USA are the three countries that signed this on December 17th, 1992, and signed into law on December 8th 1993, but did not go into effect until January 1st,
