One of the major issues of the 1992 election was the North American Free Trade Agreement (NAFTA), which would establish a free trade zone between the United States, Canada, and Mexico. NAFTA was strongly opposed by organized labor, which feared that American companies would shift production to Mexico to take advantage of a cheap workforce. Environmentalists also attacked the agreement, noting that Mexican industry was not subject to the same pollution controls that applied in the United States. The president supported amendments that addressed these concerns, and NAFTA was approved in November 1993. A month later, Clinton won approval for the General Agreement on Tariffs and Trade (GATT), which lowered trade barriers around the world. The economy rebounds. The Democratic Party suffered a major political defeat when
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