Respuesta :
It is true that North America free trade agreement (NAFTA) member nations made up a larger free market than European Union (EU) member nations.
To encourage trade between the United States, Canada, and Mexico, the North American Free Trade Agreement (NAFTA) was put into effect. On January 1, 1994, the agreement, which reduced the preponderance of trade barriers between the three nations, went into effect. The goal of NAFTA was to increase trade between Canada, the United States, and Mexico, the three largest economic powers in North America. The agreement's followers think that just by encouraging freer commerce and lower tariffs between Canada, Mexico, and the United States, it would be beneficial for the three stakeholders. Through doing away with all tariffs between the 3 countries, NAFTA increased trade. It also generated accords on global business investor rights. As a consequence, trade was cheaper. It encourages investment and expansion especially for small businesses.
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