NAFTA
North American Free Trade Agreement — a trade agreement between the USA, Canada, and Mexico (now replaced by USMCA in 20...
Real World
Under NAFTA, Ford relocated some production to Mexico where labour costs were lower, boosting US–Mexico trade but sparking political debate about American job losses.
Exam Focus
Note NAFTA was replaced by USMCA in 2020 — use the correct name in exams and link to free trade zone effects on member economies.
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