What major agreement was implemented by President George H. Bush to enhance trade relations?

The North American Free Trade Agreement (NAFTA) was a significant trade agreement implemented during President George H. Bush's administration. NAFTA was established in 1994 to create a trilateral trade bloc between the United States, Canada, and Mexico. The primary goal of this agreement was to reduce or eliminate trade barriers, such as tariffs, to facilitate easier and more efficient trade between the three countries. This agreement was a key part of Bush's economic policy and aimed to foster economic growth and increase trade volume among the neighboring countries.

NAFTA fundamentally changed the trade landscape in North America, by promoting fair competition in the region and enhancing market access, which encouraged investments and economic cooperation among the member countries. The successful negotiation of NAFTA laid the foundation for trade relations in North America and set a precedent for future trade agreements.

Other options, while related to trade, do not specifically correspond to the major trade enhancement agreement enacted under President Bush. The General Agreement on Tariffs and Trade (GATT) predates Bush's presidency and served as a framework for international trade negotiations. The Trade Expansion Act was designed to give the president more authority in negotiating trade agreements but is not itself an agreement. The Trade Adjustment Assistance Program provides support for workers who lose their