Examlex
According to the World Bank's classification of countries' levels of per capita gross national income,
United States-Mexico-Canada Agreement (USMCA)
A trade agreement between the United States, Mexico, and Canada that replaced NAFTA, aimed at reducing trade barriers and promoting North American economic growth.
North American Free Trade Agreement (NAFTA)
A trilateral trade agreement between Canada, Mexico, and the United States to reduce trade barriers and promote economic integration.
Economic Development
The process of improving the economic well-being and quality of life for a community, by increasing jobs and wealth and creating a stable economic base.
Vitality of the Economy
An indication of how dynamic, robust, and prosperous an economy is, often measured by factors like growth rates, employment levels, and innovation.
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