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It loosened to taxes between the USA, Mexico and Canada to encourage trading.
to contain miri's cuteness ;)
North America Free Trade Agreement: Tariff free trade of products between countries of North America.
In the most basic terms - to free the flow of goods from Canada, the US and Mexico allowing the 3 partners to sell stuff to each other without tariffs.
To create a free trade area in North America.
The first answer gave a clear definition, but it also had some bias and therefore did not give you the whole story. Yes it has beneficial for some, but also hurt others. Mexican corn farmers faced a 50% reduction in the price of corn when highly subsidized corn cam from the US into Mexico. There is vast opposition to NAFTA and other free trade agreements.
To have absolute control of the economy of both Canada and Mexico
NAFTA gave Michigan the shafta. Thank you corporate America look at what the economy is now with a record high unemployment rates while there is still profits being made.
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You're reading What was the purpose of NAFTA (in as clear terms as possible because this stuff confuses me)?
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