The Manufacturing industry is one of the major industries of the economy of Mexico. Manufacturing costs are cheaper in Mexico than China. In addition, Mexico offers many advantages over China with respect to manufacture of goods. The following are few of the key cost differences between Mexico and China in manufacturing according to research by …
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Mexico and China compete to attract foreign direct investment especially from US multinationals. While labor in China is much cheaper than in Mexico, Mexico has many advantages over China. For example, China’s labor practices are much to be desired to say least. A few years ago a spate suicides by workers at Foxconn, a contract …
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The economy of Mexico is the 11the largest in the world at about $2.4 Trillion. The Mexican economy is closely integrated with the economies of the US and Canada due to USMCA (previously NAFTA). According to the CIA’s World Factbook, Mexico has free trade agreements with 46 countries. The country is the second largest export …
Mexico is currently an emerging market. According to an article by Bryan Taylor, Chief Economist at Global Financial Data published last year Mexico is still emerging 200 years later. He discusses the boom and busts and the challenges of the country since its independence. Before we get to those details, it is important to note …
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