nafta

/ˈnæftə/

Definitions

1. noun

North American Free Trade Agreement, a trade agreement between the United States, Canada, and Mexico, in effect from 1994 to 2020.

“The company had to adapt to the new regulations after the expiration of NAFTA.”

Synonyms

  • free trade agreement
  • trade pact

Antonyms

  • protectionist policy
  • trade barrier