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Mexico in the world economy.(International Section)
- Article from:
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Business Credit
- Article date:
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November 1, 2004
- Author:
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Copyright informationCOPYRIGHT 2004 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Mexico's economy and business environment remain closely tied to the United States, but signs are emerging that Mexico is succeeding in its attempt to break away from the U.S. business cycle and establish itself as a major trading nation in the world market. Within the next decade, Mexico may be able to build significant trade and investment relationships with European and Asian nations and with other Latin countries. For the immediate future, however, it is largely dependent on the United States as its largest trading partner and primary source of foreign investment.
Mexico followed the United States into recession in 2001 and remained gripped by the U.S. slowdown in ...
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