What is nafta? what is the purpose of it? what effect has nafta had on trade?

NAFTA is a trade agreement between United states of America, Mexico and Canada

Explanation:

NAFTA stands for North American Free Trade Agreement which is a treaty signed between United states of America, Mexico and Canada  to remove the tariffs imposed on trading goods and services between these three nations.

It has both positive and negative effect.

Positive effects -

a) Price of natural gas was under control due to fuel imports from Canada and Mexico.

b) Tariff free trading caused increase in investment

Negative effects -

a) Exploitation of workers working in manufacturing units.

electronic measurement tools display data on a screen after waiting for several minutes.

while some business owners prefer manual record keeping systems, most businesses use an electronic record keeping system - making it easier to capture information, generate reports and meet tax and legal reporting requirements.

explanation: