What is NAFTA: Powerful global agreement

I you question me what is NAFTA let me tell you that I find the NAFTA as one of the most powerful and popular agreements of the world. It is concerned about the North American trade and has its roots going to the hemispheric cooperation. I felt the level of its operation was beyond all measures. The NAFTA treaty is held between three countries, United States, Mexico and Canada. They were designed for promoting trade between all these three countries. It has been in effect since the first half of the month of January. The most interesting part of this treaty, which I find, is in its flexibility. The North American Free Trade Agreement included two major inclusions, the North American Agreement for Labor Cooperation (NAALC) and the North American Agreement for Economic Cooperation (NAAEC). The recent inclusion of the prosperity and security partnership of North America was very significant. Thus if you ask me what is NAFTA let me also tell you that it’s a really remarkable global agreement.  One move on the part of NAFTA, which I felt was very wise, was the elimination of numerous tariffs over the goods that were about to be shipped between Mexico, Canada and the United states. Any person keen to know what is NAFTA should be well versed with all  these details too. All the American goods were largely sold to Canada and Mexico. They usually had higher tariffs compared to others. The goods did not sell in North America, as Canada and Mexico were unwilling to pay of the tariffs. Food, computers, car parts and cars were examples of some of these goods. One of the distinctive advantages that I find with NAFTA was that the goods were shipped between United States, Mexico and Canada and were labeled in three languages- English, Spanish and French. The French was made for the parts in Canada where French is spoken widely. As far as I remember, Quebec happens to be that one place in Canada where French is widely spoken. The English obviously targets the US and the Mexican population. The Mexicans are benefited through Spanish. So are you a person who wants to know more about what is NAFTA? Then read on as I tell you more about it.  I consider NAFTA as one of the political and economical union. This I find to be true to some extent. The European Union is an economic union that promotes trade between some European countries. Both NAFTA and EU share a common currency. Both the EU and the NAFTA have their advantages and shortcomings. I personally feel that NAFTA is far more compact and true in its principles. Another major benefit that I find with the NAFTA agreement, which eventually benefits Mexico, lays in its encouragement in immigration between the participating countries of the trade. With this short treatise of NAFTA I hope I have been able to give you a brief but a clear picture of What is NAFTA? If you have any further queries just give me a tinkle.