The United States, Canada, and Mexico signed the North American Free Trade Agreement (NAFTA) in 1994 to promote trade and economic cooperation among the three nations. The agreement aimed to eliminate tariffs and reduce trade barriers, thereby increasing exports and imports, fostering economic growth, and enhancing competitiveness in the global market. By creating a more integrated North American economy, NAFTA sought to stimulate job creation and improve overall economic prosperity in the region.
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