Which of the following trade agreements, which took effect in 1994 and was implemented over a 15-year period, eliminates all tariffs and other trade barriers between its members?

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NAFTA (North American Free Trade Agreement) is the trade agreement that took effect in 1994 and was implemented over a 15-year period. It eliminates all tariffs and other trade barriers between its members (United States, Canada, and Mexico). The other options (B, C, and D) are trade agreements or organizations, but they do not have the same level of extensive elimination of tariffs and trade barriers as NAFTA.

Which of the Following Trade Agreements, Which Took Effect in 1994