Using complete sentences, explain the importance of NAFTA. Be sure to discuss the close economic relationship between Canada and the United States.

Answer:

NAFTA was a trade agreement among the United States, Canada, and Mexico that reduced many trade barriers and made it easier for goods and services to cross borders. It encouraged trade and investment among the member countries. Canada and the United States have especially close economic ties: they share a long border, exchange large amounts of goods and services, and businesses in each country depend on access to the other's market. NAFTA helped strengthen this integrated relationship, although it was later replaced by the USMCA.