What agreement was signed in 1993 to eliminate trade barriers between the U.S., Canada, and Mexico?

The North American Free Trade Agreement (NAFTA), signed in 1993, was a landmark agreement aimed at eliminating trade barriers between the United States, Canada, and Mexico. By removing tariffs and fostering increased trade and economic cooperation among the three countries, NAFTA sought to create a more integrated economic region, promoting efficiency and competitiveness.

One of the main goals of NAFTA was to stimulate economic growth by allowing more freedom in trade and investment across borders. This agreement has played a crucial role in shaping trade policies in North America and has had significant impacts on various sectors, including agriculture, manufacturing, and services.

Other agreements mentioned, such as the World Trade Organization Agreement, focus on broader international trade rules rather than regional specifics. The Trans-Pacific Partnership aimed to create a trade bloc in the Asia-Pacific region and did not include Canada or Mexico initially. The Free Trade Area of the Americas proposed a trade agreement for the entire hemisphere but was never ratified or implemented. Thus, NAFTA stands out as the correct answer for the specific trade agreement established among these three countries in 1993.