Economic Benefits of NAFTA

Economic Benefits of NAFTA NAFTA or the North American Free Trade Agreement is a treaty between the US, Canada, and Mexico and this treaty relates to their trading activities. ‘ This particular trade agreement is considered a very powerful treaty with wide application in the involved North American countries. ‘ In effect since 1994, NAFTA basically aimed … Read more

Benefits Of Free Trade Agreement

Benefits of Free Trade Agreement A free trade agreement is a treaty between various nations for the establishment of an area of free trade where trade in services and goods can be easily done across common borders, without hindrances or tariffs. Once a country signs a free trade agreement, it opens itself to various benefits. … Read more

Benefits Of CAFTA

Benefits of CAFTA The Central Free Trade Agreement, commonly known as CAFTA covers different types of commercial trade between the member states and the U.S. The trade agreement eliminates barriers to investment and trade among the main signatories: El Salvador, Honduras, Guatemala, the U.S, Dominican Republic and Costa Rica. CAFTA also allows these countries immediate … Read more

Benefits Of Regional Economic Integration

Benefits of Regional Economic Integration Regional economic integration refers to the agreement amongst countries within a certain geographic area for reducing and ultimately removing tariff barriers, making sure there is better flow of services or goods through the respective nations. The following article takes a look at the benefits of regional economic integration. 1. Enhanced … Read more

Benefits Of NAFTA for Canada

Benefits of NAFTA for Canada NAFTA is the North American Free Trade Agreement existing between three countries, including United States, Canada and Mexico. This agreement has created a significant connection between the involved nations, which has resulted in other advantages. The following article discusses the benefits of NAFTA for Canada. 1. Generates jobs In all … Read more