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shaoly jahan
on Nov 28, 2024

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The agreement between countries that created the European Union provides trade agreements similar to those that exist between NAFTA nations.

European Union

A political and economic union of 27 European countries that are tied by a single market which allows for the free movement of goods, capital, services, and labor.

NAFTA

The North American Free Trade Agreement, a treaty entered into by the United States, Canada, and Mexico to eliminate trade barriers and facilitate cross-border movement of goods and services.

  • Develop an understanding of the components and outcomes of major trade treaties, including NAFTA.
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