BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Among its three member nations, NAFTA eliminated tariffs and other trade barriers to agricultural and manufactured goods, along with services. It also removed investment restrictions and protected intellectual property rights.

Detailed explanation-2: -The North American Free Trade Agreement, also referred to as NAFTA, came into force in 1994 and its main goal was to promote, create and facilitate the foreign trade between Mexico, Canada, and the United States. Therefore, China was not included in it.

Detailed explanation-3: -NAFTA was a free trade agreement between the United States, Mexico, and Canada. It was designed to increase economic growth and investment by removing barriers to trade among the three countries.

Detailed explanation-4: -NAFTA is a comprehensive trade agreement that improves virtually all aspects of doing business within North America. NAFTA will eliminate tariffs completely, and removes many of the non-tariff barriers, such as import licenses, that have helped to exclude U.S. goods from the other two markets, especially Mexico.