Examlex
______ can only describe what is in the text and reveal patterns in it.
NAFTA
The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers among the three countries.
Trade Agreement
A formal accord between two or more nations that determines the rules of trade, including tariffs and duties, between them.
World Price
The price of a good or service in the international market, often used as a benchmark for comparing domestic prices.
International Trade
International trade involves the exchange of goods and services across international borders, allowing countries to expand their markets and pursue competitive advantages.
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