NAFTA North America Free Trade Agreement
"Free" Trade Agreement between USA, Canada and Mexico

read: NAFTA

"New Round"
The WTO fruitless tried to launch a general new negotiation round in Seattle 1999. the next attempt in Doha two years later failed as well. Actually trade liberalization is being forced within the Build-in Agenda and the GATS negotiatons

NTBs non-tariff barriers to trade

NTM New Transatlantic Marketplace
launched NAFTA-like Free Trade Area between the US and the EU, but - caused by french reservations - actually firming as TEP