NAFTA

The North American Free Trade is the trade block in North America created by the North America Free Trade Agreement (NAFTA) and its two supplements, the North American Agreement on Environmental Cooperation (NAAEC) and The North American Agreement on Labor Cooperation (NAALC), whose members are Canada, Mexico , and the United States. It came into effect on January 1, 1994 and to present 2008 it is the largest trade block in the world in terms of combined purchasing power parity GDP of its members.