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Why Does NAFTA Create a Free Trade Area as Opposed

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Why does NAFTA create a free trade area as opposed to a customs union or a common market? Explain the difference giving examples.


Definitions:

Secondary Research

The process of collecting and analyzing existing data collected by others to draw conclusions or make informed decisions.

Trade Shows

Exhibition events where businesses and professionals in a specific industry can showcase and demonstrate their latest products and services.

Libraries

Institutions or buildings containing collections of books, periodicals, and sometimes films and recorded music for people to read, borrow, or refer to.

Representative

An individual who acts on behalf of another person or group, often in a professional context to express or defend interests.

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