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Word: nafta (lookup in dictionary) (lookup stats)
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...Still, the benefits of greater regional integration could prove powerful enough to overcome the roadblocks. The ADB's Wignaraja foresees Asia becoming a NAFTA-like free-trade zone within the next 10 years. "In Asia, the only thing everyone agrees upon is business," he says. "In the end, pragmatism will prevail." If it does, the world economy may never be the same...

Author: /time Magazine | Title: Fortress Asia: Is a Powerful New Trade Bloc Forming? | 9/7/2009 | See Source »

...Last month, when Washington and Ottawa pledged to invest $60 billion in Detroit's biggest car company, Mexico - a partner in NAFTA and an integrated North American auto industry - was conspicuous by its absence at the negotiating table. (See the best cars from the 2009 Detroit Auto Show...

Author: /time Magazine | Title: Canada Spends Big to Save GM, So Why Not Mexico? | 7/3/2009 | See Source »

...tiny Fiat 500 is one of the first cars Chrysler hopes to build in North America through its new alliance with Fiat. "It's highly, highly likely that the Fiat 500 will be built in the NAFTA region," said Chrysler vice chairman Tom LaSorda after the deal with Fiat was completed as part of the company's structured bankruptcy. Lasorda added that Fiats will probably begin showing up in American showrooms within the next few months...

Author: /time Magazine | Title: Can Americans Learn to Love Fiat? Chrysler Hopes So | 5/1/2009 | See Source »

...betting they'd agree. American Airlines might decide to move out of Dallas, but I'd be O.K. with leaving NASA behind and letting Texans decide if they could afford to return to the moon. Border-patrol costs would be steep, but I'm sure Texas' application to join NAFTA would be favorably received. And it would get a vote at the U.N. and the right for its diplomats to park wherever they wanted on the streets of Manhattan. Texas would saunter into the global community bigger than Australia, Greece or Bolivia. (See pictures of the fence between Texas...

Author: /time Magazine | Title: Governor Perry's Tantrum: So What if Texas Secedes? | 4/22/2009 | See Source »

Down in Mexico, the administration of President Felipe Calderón accused the U.S. of being hypocritical and protectionist. It has a strong case. Under NAFTA, Mexican trucks were meant to be roaming some U.S. roads in 1995 and the width and breadth of the whole country by 2000. However, successive U.S. administrations could not say no to Teamster complaints that Mexican trucks were not fit for the interstates. Finally, both sides agreed on the pilot program to break the deadlock...

Author: /time Magazine | Title: Obama's 'Trade War': No Truck with Mexico | 3/25/2009 | See Source »

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