NAFTA - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “NAFTA”

NAFTA

noun
 
 
/ˈnæftə/ POLITICS, COMMERCE
abbreviation for North American Free Trade Agreement: an agreement made in 1994 between the US, Canada, and Mexico that allows them to trade with each other without import taxes, etc.
(Definition of NAFTA from the Cambridge Business English Dictionary © Cambridge University Press)
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