Question

Why did the United States, Canada, and Mexico sign the North American Free Trade Agreement (NAFTA)?

Answer 1

Answer: Because they want to create the largest free-trade area in the world, enabling the three nations to trade with each other on equal footing.

Explanation:

Approved in 1993, the North American Free Trade Agreement with Canada and Mexico allowed goods to travel across their borders free of tariffs; critics argued that American workers would lose their jobs to cheaper Mexican labor.

Answer 2

The 3 nations signed the NAFTA to lift all trade embargoes between the 3 countries. This meant free trade, without them being taxed for bringing their goods into the country

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