NAFTA stands for-
A
North Atlantic Fee Trade Agreement
B
North American Free Trade Agreement
C
North African Technological Arrangement
D
North African Trade Agreement
Correct Answer: North American Free Trade Agreement
The North American Free Trade Agreement (NAFTA) is a treaty between the United States, Canada, and Mexico, which agrees to remove trade barriers between them. Features of NAFTA include the elimination of tariffs on imports and exports between the three countries.