0-9 a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain North American Free Trade Agreement Implementation Act North American Free Trade Agreement Implementation Act The term 'North American Free Trade Agreement Implementation Act ' as it applies to the area of agriculture can be defined as ' P.L. 103-182 (December 8, 1993) approved and implemented the North American Free Trade Agreement (NAFTA). NAFTA pertains to cross-border trade between the United States, Mexico, and Canada. NAFTA substantially eliminated all nontariff barriers to agricultural trade between the United States and Mexico, generally through their conversion to tariff-rate quotas or ordinary tariffs, and maintained the provisions of the United States-Canada Free Trade Agreement on agricultural trade. With respect to Mexico, the law eliminated tariffs on a broad range of agricultural products and provided for a phase-out over up to 15 years for tariffs on other products. A special safeguard provision will apply to certain products, with a designated quantity of imports allowed at a NAFTA preferential tariff rate. NAFTA increases incentives for buying within the NAFTA region'. Previous 5 Terms: Normal yield normalized difference vegetation index North American Electric Reliability Corporation (NERC) North American Electric Reliability Council (NERC) North American Free Trade Agreement (NAFTA) Next 5 Terms: North American Industry Classification System (NAICS) North American Industry Classification System (NAICS) North American Waterfowl Management Plan North American Wetlands Conservation Act North Atlantic Oscillation About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.