2007-06-05 02:47:14 · 2 answers · asked by Stephen 2 in Social Science ➔ Economics
Mexico is good in manufacturing. As US is getting costly with the oil price rising...many manufacturing job goes to Mexico. The government is good enough to manage this growth in the manufacturing sector. The Mexican economy is up and coming. Stay away from the wars and the economy should be good. Like what Ross Perot said, he hear a loud "Woooob" sound in Mexico when the North America trade agreement go through. The sound he is talking is about job lost to Mexico and the Mexican is sucking the money from US...that "wooooob" sound. He is a billionaire...he is correct.
2007-06-05 03:33:51 · answer #1 · answered by Mr Siberia 4 · 0⤊ 0⤋
There are some reasons to the Mexico's expension:
1) The NAFTA free trade agreement
2) The low cost working force
3) The natural resources, specially oil
4) Results of long term policies toward increasing efforts on human capabilities and infrastructure
4) The world wide boom - affecting tourism etc.
2007-06-05 07:19:41 · answer #2 · answered by Kobi 1 · 0⤊ 0⤋