What was the aim of the North American Free Trade Agreement (NAFTA)?

The aim of the North American Free Trade Agreement (NAFTA) was to eliminate trade barriers between Canada, the USA, and Mexico. This agreement, which came into effect in 1994, established a trilateral trade bloc that sought to enhance the economic relationship among the three countries by removing tariffs and other restrictions on the movement of goods and services. By reducing these barriers, NAFTA aimed to increase trade and investment opportunities, promote economic growth, and enhance competitiveness in the global market.

The focus of NAFTA was primarily economic rather than cultural or military. While it may have indirectly promoted cultural exchange through increased interactions among the populations of the three countries, that was not its primary goal. NAFTA also did not address a common currency; that idea is more closely related to other economic unions, such as the Eurozone, which is not applicable to these three North American countries. Lastly, NAFTA did not serve as a military alliance; the security and defense of the member nations are typically managed through different treaties and agreements. Therefore, the correct choice reflects NAFTA’s core purpose of facilitating freer trade among its member nations.