United States-Canada Free Trade Agreement at Business Glossary
What is it? The provisions of the US/Canada Free Trade Agreement were adopted by the US with the enactment of the FTA Implementation Act of 1988. The FTA reduced tariffs on imported merchandise between Canada and the U.S. and opened up new areas of trade in investment. It was followed by the North American Free Trade Agreement (NAFTA) which also includes Mexico.Business Dictionary Term Definition Added By: Cooper
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