Part one of term paper
In January 1994 the United States, Mexico and Canada entered into the North American Free Trade Agreement () and created the largest free trade sector and the richest market in the world. Over 410 million consumers are able to take advantage of the benefits of this treaty. In 1995 Chile was added to the treaty and will become a full-fledged ...

Part two of term paper
... understand , the most important goals of the treaty need to be discussed. The first major goal was to reduce barriers to trade such as tariffs, licensing and quotas. This was accomplished by decreasing or removing import/export tariffs from all three countries and allowing trade goods to flow to all of the treaty members without restriction as long as the goods met the standards as outlined in the treaty. Another goal was to improve working conditions in North America. It was proposed that ...