Nafta

usgb/ˈnæftə/
noun

A trade agreement between the United States, Canada, and Mexico that facilitates trade by reducing tariffs and barriers to trade.

NAFTA has significantly increased trade between the three countries.
Visual representation of "nafta" - A trade agreement between the United States, Canada, and Mexico that facilitates trade by reducing tariffs and barriers to trade.

Often appears as...

  • NAFTA agreement
  • impact of NAFTA

Usage tips

Formal

trade agreement, free trade, economic cooperation

Definition 1 of 1
Visual representation of "nafta"
LampPro Tip 1/3

International Relations

NAFTA is a key topic in discussions of North American economic policy.

Illustration for International Relations
The topic often arises in debates on trade impacts.
LampPro Tip 2/3

Legal Context

Understanding NAFTA is essential for those studying international trade laws.

Illustration for Legal Context
It’s often referenced in legal discussions of trade regulations.
LampPro Tip 3/3

Economic Impact

NAFTA is frequently cited when evaluating economic growth in North America

Illustration for Economic Impact
Economists analyze its effects on job markets and industries.
Visual representation of the word "Nafta"

Never forget "Nafta"

Humans forget easily. That's why you should download WordUp: Smart reminders, word games, AI practice, and much more!

Download on the App StoreGet it on Google PlayGet it from MicrosoftGet it on AppGallery
Chrome

WordUp Chrome Extension

As you browse the web instantly look up words you don’t know.

Get Chrome Extension