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What is North American Free Trade Agreement (NAFTA) in Supply Chain Management? PDF | Download eBooks

Learn North American Free Trade Agreement (NAFTA) definition in supply chain management with explanation to study “What is North American Free Trade Agreement (NAFTA)”. Study north american free trade agreement (nafta) explanation with SCM terms to review supply chain management course for online MBA programs.

North American Free Trade Agreement (NAFTA) Definition

North American Free Trade Agreement (NAFTA) Explanation

North American Free Trade Agreement is between the three countries US, Canada and Mexico commenced in 1994. The aim of this agreement is to eliminate tax and tariffs on the trade between these three countries. Due to this agreement organizations can move freely and import as well exports goods and services without any kind of heavy duties. Also it is the world largest free trade zone with approximately 444 million citizens living there and enjoying the free trade facilities which results in combined GDP of $17 trillion every year.

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