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NAFTA definition

NAFTA (naf′tə)

noun

a 1994 agreement made by the U.S., Canada, and Mexico for the gradual elimination of tariffs and import quotas so as to remove barriers to free trade among those countries

Etymology: N(orth) A(merican) F(ree) T(rade) A(greement)

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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