The agreement opened the door to open trade, ended tariffs on various goods and services, and implemented equality between Canada, America and Mexico. NAFTA allowed agricultural products such as eggs, corn and meat to be exempt from tariffs. This allowed companies to act freely and import and export different goods at the North American level. The IMF`s mission is to monitor the international monetary and financial system and to monitor the economic and financial policies of its 188 member countries. This activity is called “surveillance” and facilitates international cooperation. Since the end of the Bretton Woods fixed exchange rate system in the early 1970s, surveillance has developed largely through procedural changes and not through the acceptance of new commitments. The creation of the GATS was one of the milestones of the Uruguay Round, the results of which entered into force in January 1995. . .
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