Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 4-28-2014 NAFTA at 20: Overview and Trade Effects M. Angeles Villareal Congressional Research Service Ian F. Fergusson Congressional Research Service Follow this and additional works at: http://digitalcommons.ilr.cornell.edu/key_workplace Thank you for downloading an article from DigitalCommons@ILR. Support this valuable resource today! This Article is brought to you for free and open access by the Key Workplace Documents at DigitalCommons@ILR. It has been accepted for inclusion in Federal Publications by an authorized administrator of DigitalCommons@ILR. For more information, please contact
[email protected]. NAFTA at 20: Overview and Trade Effects Abstract [Excerpt] The orN th American Free Trade Agreement (NAFTA) has been in effect since January 1, 1994. Signed by President George H.W. Bush on December 17, 1992, and approved by Congress on November 20, 1993, the NAFTA Implementation Act was signed into law by President William J. Clinton on December 8, 1993 (P.L. 103-182). NAFTA continues to be of interest to Congress because of the importance of Canada and Mexico as U.S. trading partners, and also because of the implications NAFTA has for U.S. trade policy. This report provides an overview of North American trade liberalization before NAFTA, an overview of NAFTA provisions, the economic effects of NAFTA, and policy considerations. Keywords North American Free Trade Agreement, NAFTA, Canada, Mexico, trade policy Comments Suggested Citation Villareal, M. A. & Fergusson, I. F. (2014). NAFTA at 20: Overview and trade effects. Washington, DC: Congressional Research Service. An earlier version of this report can be found here: http://digitalcommons.ilr.cornell.edu/key_workplace/ 1034/ This article is available at DigitalCommons@ILR: http://digitalcommons.ilr.cornell.edu/key_workplace/1261 NAFTA at 20: Overview and Trade Effects M.