NORTH AMERICAN FREE TRADE AGREEMENT title: North American Free Trade Agreement (SD) (SAP Library - Glossary)
NORTH AMERICAN FREE TRADE AGREEMENT category: Sales and Distribution (SD)
NORTH AMERICAN FREE TRADE AGREEMENT explained:
A trade treaty between the USA, Mexico, and Canada.
This agreement allows special tariff treatment (lower or free duty) when exchanging commodities between these countries. The agreement eliminates tariffs and other trade barriers on approximately 10,000 goods over a period of 15 years beginning in 1994.
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