The North American Free Trade Agreement (NATFA)is best defined as a

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NAFTA is a trade agreement between Canada, Mexico, and the United States that eliminates tariffs and other barriers to trade between the three countries. It does not involve a common external tariff or a common market, which are features of a customs union or economic union. It also does not involve preferences given to certain member countries over others, which is the characteristic of a preferential trade arrangement.

The North American Free Trade Agreement (NATFA)is Best Defined as a