North American Free Trade Agreement (NAFTA) Notes: Definitions & Explanations PDF | Download eBooks
Study North American Free Trade Agreement (NAFTA) lecture notes PDF with supply chain management definitions and 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:
A free trade agreement between Canada, Mexico, and the United States.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
North American Free Trade Agreement (NAFTA) Notes:
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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