USA HISTORY

Detailed explanation-1: -Provisions. The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico. The implementation of NAFTA on January 1, 1994, brought the immediate elimination of tariffs on more than one-half of Mexico’s exports to the U.S. and more than one-third of U.S. exports to Mexico.

Detailed explanation-2: -He assembled a bipartisan coalition to pass welfare reform and expand health insurance for children. In foreign policy, Clinton launched a major bombing campaign in the Balkans, which led to the creation of a United Nations protectorate in Kosovo.

Detailed explanation-3: -Clinton signed North American Free Trade Agreement (NAFTA) into law, along with many other free trade agreements. He also enacted significant welfare reform. His deregulation of finance (both tacit and overt through the Gramm–Leach–Bliley Act) has been criticized as a contributing factor to the Great Recession.

Detailed explanation-4: -To help hard-pressed working families, President Clinton passed a $500 per child tax credit, a $1 per hour increase in the minimum wage, and provided tax cuts for 15 million working families by expanding the Earned Income Tax Credit, which provides the average family receiving the EITC with $1, 000 per year.