What are the similarities and differences between nafta and gatt.

Overlap - International focus.

NAFTA - North American focus.

Overlap - Reduce tariffs.

GATT - Replaced by WTO.

Overlap- Trade Agreements.

The topic of international trade is of the utmost importance for countries. This allows for agreements to import and exports products. The GATT was replaced by the World Trade Organization, with headquarters in Geneva, Switzerland. This organization tries to maintain fair trade rules for countries and helps to solve differences among them. NAFTA was the North American Trade Agreement between Mexico, Canada, and the United States that lasted from 1993 until 2018. It was replaced by UMSCA, the United States, Mexico, and Canada Agreement.