Examlex
Match each description with the item below.
-George H. W. Bush
WTO
The World Trade Organization, an international body that deals with the rules of trade between nations.
NAFTA
The North American Free Trade Agreement, a treaty between the United States, Mexico, and Canada that eliminated most tariffs and trade barriers between the countries.
Free Trade
The exchange of goods and services across international boundaries or territories without restrictions such as tariffs, duties, or quotas.
GATT
stands for the General Agreement on Tariffs and Trade, an international treaty created to reduce trade barriers and promote international trade through the reduction of tariffs and quotas.
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