NAFTA DEFINITIONS
Good: A finished product qualifying under NAFTA.
Material: A component that is made into a "Good."
(Note that a "Good" may become a "Material:" An electrical cord ("Good") is used ("Material") in a refrigerator ("Good").)
Party: One of the three member states: Canada, Mexico, or the United States.
Originating: A Good that qualifies for NAFTA treatment.
Non-Originating: A "Good": that does not qualify for NAFTA treatment.
The "Non-Originating Good" may be made in any of the parties (but not meet one of the preference criterion), or have been produced somewhere else in the world.
International Business Myths (including about NAFTA)