1. NAFTA
NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs by the year 2004. ... There are quite a few other goals that was set by MERCOSUR including a clause that states that the countries involved will be able to adjust their laws for the purpose of strengthening the agreement. ... GATT as a whole is based on principles that ensure all participating countries receive benefits. ... As NAFTA, MERCOSUR, and GATT establish free trade throughout the Americas and other parts of the world, the European Free Trade Agreement (EFTA) represents countries throughout Weste...
- Word Count: 3714
- Approx Pages: 15
- Grade Level: Undergraduate