Home > Terms > Spanish, Latin American (XL) > Acuerdo de Libre Comercio de Norte América (NAFTA)
Acuerdo de Libre Comercio de Norte América (NAFTA)
A trade agreement involving Canada, Mexico and the United States, implemented on January 1, 1994, with a 15-year transition period. The major agricultural provisions of NAFTA include: 1) the elimination of nontariff barriers - immediately upon implementation, generally through their conversion to tariff-rate quotas or ordinary quotas; 2) elimination of tariffs - many immediately, most within 10 years, and some sensitive products gradually over 15 years; 3) special safeguard provision; and 4) country-of-origin rules to ensure that Mexico does not serve as a platform for exports from third countries to the U.S.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
medicina comunitaria
La especialidad que tiene a su cargo la salud y la enfermedad de una población o de una comunidad en particular. El objetivo es identificar los ...
Contributor
Featured blossaries
stanley soerianto
0
Terms
107
Blossaries
6
Followers
Famous Magicians
Browers Terms By Category
- Investment banking(1768)
- Personal banking(1136)
- General banking(390)
- Mergers & acquisitions(316)
- Mortgage(171)
- Initial public offering(137)
Banking(4013) Terms
- Architecture(556)
- Interior design(194)
- Graphic design(194)
- Landscape design(94)
- Industrial design(20)
- Application design(17)
Design(1075) Terms
- General astronomy(781)
- Astronaut(371)
- Planetary science(355)
- Moon(121)
- Comets(101)
- Mars(69)
Astronomy(1901) Terms
- Lingerie(48)
- Underwear(32)
- Skirts & dresses(30)
- Coats & jackets(25)
- Trousers & shorts(22)
- Shirts(17)
Apparel(222) Terms
- General architecture(562)
- Bridges(147)
- Castles(114)
- Landscape design(94)
- Architecture contemporaine(73)
- Skyscrapers(32)