Since 1994, the North American Free Trade Agreement (NAFTA) has generated significant growth for its three bilateral trade relationships between Canada, the United States, and Mexico. Trade between the three partners surpassed $1 trillion in 2012. Even the amount of trade between Canada and Mexico, by far the smallest of the NAFTA trading partners, has increased six-fold. Unfortunately, regulation issues and fading resolve to increase or maintain gains in the North American Free Trade Zone have plagued NAFTA. Opportunity remains for the three countries to take decisive steps and pivot back and make further efforts to make North America more competitive and prosperous.


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