The value of trade between Canada, the United States, and Mexico in 1993 was roughly around $290 billion in 1993.
What is Trade?
Transferring products and services from one person or institution to another includes trade, frequently in exchange for cash, is referred to as trade. A system or network that permits trading is referred to as a market by economists.
The three nations Canada, the United States, and Mexico came into an agreement called as North American Free Trade Agreement (NAFTA).
The value of American goods sent to Mexico in 2017 was $243.3 billion, an increase of 5.8% ($13.3 billion) over 2016 and a rise of 79.0% since 2007. United States exports to Mexico are grown 485% since 1993. (pre-NAFTA).
Therefore, it can be concluded that In 1993, commerce between Canada, the United States, and Mexico was estimated to be worth $290 billion.
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