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NAFTA

NAFTA

90 3.7
An agreement between the United States, Canada, and Mexico to allow free trade
  • noun
  • /ˈnæf.tə/
: Tratado de Libre Comercio de América del Norte
  • A more relevant consideration is what impact NAFTA will have on the Caribbean.
  • NAFTA agreement
  • free trade under NAFTA
  • impact of NAFTA

OK, so then NAFTA predated Greenspan.

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Examples

  • NAFTA led to a flooding of the Mexican market with cheap American corn.

  • In 2010 alone, the US goods trade deficit with NAFTA countries expanded by 36.4% over 2009.

    Blog text (12)
  • This time it's NAFTA, the North American Free Trade Agreement.

  • Unlike a customs union, NAFTA will not establish common barriers to those outside.

    Academic text (1991)
  • The United States and Canada might not agree to let an independent Quebec join NAFTA.

    Academic text (2008)
  • During the NAFTA debate, people in all three countries had anxieties and reservations.

    Academic text (2008)
  • As a result of NAFTA - North American Free Trade Agreement - corporations from around the world have built factories in Mexico along the US border.

  • Representatives of the textile and garment industries feel that NAFTA will lead to major restructuring in their industries.

    Academic text (1992)
  • And consequently, it's easy right now to blame NAFTA or to praise NAFTA for Mexico's ills or for Mexico's successes.

  • NAFTA, or the North American Free Trade Agreement, was designed to eliminate barriers to trade between the United States, Canada, and Mexico.

Synonyms

12 3.7

An agreement from 1994 that made trade easier between the United States, Canada, and Mexico

is the same meaning but used as the common shortened form

Surface Forms

NAFTA singular
NAFTAs plural

Morphology

NAFTA = N + A + F + T + A

NAFTA is an initialism whose component letters stand for words in a phrase; the letters themselves do not transparently convey the meaning to an average learner.

Etymology

The word NAFTA is made from the first letters of North, American, Free, Trade, Agreement. It is a short name for the trade deal that created 'free trade' between the United States, Canada, and Mexico.