'''NAFTA''', or the North American Free Trade Agreement, is a controversial trade pact signed by the U.S., Mexico and Canada in 1992. This pact came into effect in 1994, making it the world's biggest free-trade area. It required the elimination of every trade barrier between the signers for fifteen years. It also included agreements on the environment and labor. This gave [[Canada| Canadian]] and U.S. companies access to [[Mexico| Mexican]] markets. | '''NAFTA''', or the North American Free Trade Agreement, is a controversial trade pact signed by the U.S., Mexico and Canada in 1992. This pact came into effect in 1994, making it the world's biggest free-trade area. It required the elimination of every trade barrier between the signers for fifteen years. It also included agreements on the environment and labor. This gave [[Canada| Canadian]] and U.S. companies access to [[Mexico| Mexican]] markets. |