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During the termination stage
NAFTA
The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that removed tariff barriers between the nations.
GATT
The General Agreement on Tariffs and Trade, an international treaty that aimed to reduce tariffs and other trade barriers; precursor to the World Trade Organization.
Economists
Experts in the study of economics, focusing on the distribution, consumption, and production of goods and services.
Net Exports
The value of a country's total exports minus its total imports; a positive value indicates a trade surplus, while a negative value indicates a trade deficit.
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