Nafta Introduction Summary In January 1994, the United States, Mexico, and Canada implemented the northernmost American Free Trade Agreement (NAFTA). The goal of NAFTA is to fare to better trading conditions through tariff reduction, removal of enthronization barriers, and improvement of intellectual property protection. NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs by the year 2004. forrard NAFTA was established, investing in Mexico was a difficult process. Investors fatalityed the Mexican Governments approving and were also required to meet specific coronation guidelines.
These requirements necessitated investors to export a set level of goods and services, utilize national goods and services, and permute technology to competitors. Under NAFTA, investors no longer need political sympathies approval to invest and are treated as municipal investors. NAFTA has also increased intellectual property rights and allowed companies to bump patents in Mexi...If you want to get a full essay, tack unneurotic it on our website: OrderCustomPaper.com
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