NAFTA did away with barriers and provided the US a competitive economic edge over its two closest neighbors.
<h3>What is NAFTA?</h3>
The Connected States and its two closest neighbors were economically united by the elimination of tariffs under NAFTA. Open trade between the United States, Mexico, and Canada is permitted by the North American Free Trade Agreement. The North Atlantic Treaty established NATO as a global organization in 1949 with the goal of collective security. The agreement went into force on January 1st, 1994. NAFTA aims to remove all tariff and non-tariff trade and investment barriers between the US, Canada, and Mexico. Provisions. NAFTA was designed to remove obstacles to investment and trade between the United States, Canada, and Mexico.