North American Free Trade Agreement, 1992 Oct. 7 Tariff Phasing Descriptions

"North American Free Trade Agreement, 1992 Oct. 7 Tariff Phasing Descriptions" is a legal and economic document, likely drafted in the early 1990s, concerning the guidelines and regulations surrounding trade relations among Canada, Mexico, and the United States. This work primarily focuses on provisions relating to tariff elimination, trade in goods, government procurement, investment, and various regulatory frameworks aimed at enhancing trade efficiency and cooperation among the three nations. At the start of this text, the reader is introduced to the structure and content of the agreement, including a detailed table of contents that outlines various parts and chapters addressing objectives, definitions, trade treatment, customs procedures, and special sectors like automotive and agriculture. The preamble emphasizes the goals of enhancing cooperation, competitiveness, and sustainable development while reducing trade barriers among the three countries. The opening establishes the foundational principles that underpin the NAFTA agreement, setting the stage for more specific legal agreements and definitions that will be detailed in subsequent sections. (This is an automatically generated summary.)

Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's second-largest country by total area, with the world's longest coastline. Its border with the United States is the world's longest international land border. The country is characterized by a wide range of both meteorologic and geological regions. With a population of just over 41 million people, it has widely varying population densities, with the majority residing in urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.