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General Agreement
A broad consensus or mutual understanding among parties on a specific set of terms or conditions in various contexts.
Tariffs
Taxes imposed on imported goods, typically used by governments to protect domestic industries and regulate trade balance.
Great Depression
A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.
NAFTA
The North American Free Trade Agreement (NAFTA) was a treaty entered into by the United States, Canada, and Mexico; it has been replaced by the USMCA. It aimed to eliminate barriers to trade and investment.
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