Vocab Bloom Hub

north american free trade agreement

/nɔːrθ əˈmɛrɪkən friː treɪd əˈɡriːmənt/

Traducción: Acuerdo comercial trilateral entre Canadá, México y Estados Unidos, firmado en 1994 para eliminar aranceles y fomentar la cooperación económica, reemplazado luego por el T-MEC en 2020.

1 entrada

phrase

/nɔːrθ əˈmɛrɪkən friː treɪd əˈɡriːmənt/C1formalbusiness
  • esAcuerdo comercial trilateral entre Canadá, México y Estados Unidos, firmado en 1994 para eliminar aranceles y fomentar la cooperación económica, reemplazado luego por el T-MEC en 2020.

A trilateral trade bloc agreement between Canada, Mexico, and the United States, established in 1994 to eliminate tariffs and promote economic cooperation, later replaced by the USMCA in 2020.

  1. North American Free Trade AgreementC1formal

    A trade agreement between Canada, Mexico, and the United States that eliminated most tariffs and trade barriers, creating a trilateral trade bloc.

    esTratado de Libre Comercio de América del Norte

    • The North American Free Trade Agreement was signed in 1994.
    • NAFTA significantly increased trade between the three countries.
    • Many industries were affected by the North American Free Trade Agreement.