Sign In
Ask Question
Melina Quinn
Geography
27 March, 09:57
What is one of the benefits of NAFTA for Mexico
+2
Answers (
2
)
Vaughn Glass
27 March, 10:02
0
The economy of all three countries in North America has grown significantly in the first decade since NAFTA has come into effect: the average annual growth in gross domestic product (GDP) from 1994 to 2003 was 3.6% for Canada, 3.3% for the United States and 2.7 for Mexico, despite the severe recession of 1995; from 1996 to 2003, Mexico's growth was 3.7%.
In addition, intra-regional trade in goods doubled in the same period. Mexico, the poorest country in the region according to the World Bank, has benefited significantly from NAFTA, as it has entered into a process of economic convergence with the United States, with a substantial increase in trade (Mexico exports more than all South American countries together) foreign direct investment and growth. Real wages have recovered rapidly from the 2005 crisis, and poverty rates have declined significantly.
Comment
Complaint
Link
Kaila Andrade
27 March, 10:12
0
It has resulted Mexico to boost up exports. These exports are now part of large portion of Mexico's GDP.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“What is one of the benefits of NAFTA for Mexico ...”
in 📗 Geography if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The cotton gin increased the amount of cotton that could be produced by one person in one day from less than ten pounds to fifty pounds true or false
Answers (1)
what is the greatest number of 3s that can be multiplied together and still have a result less than 250?
Answers (1)
Based on the meaning of hydrosphere, which of the following is the most likely definition of the prefix hydro-? A. ice B. rock C. water D. space
Answers (1)
Which of the following list would be an example of an issue that develops as populations grow in urban areas? availability of cars for transportation availability of schools for the children availability of parks availability of museums
Answers (1)
Why is the study of demography important and how does it effect your life
Answers (1)
New Questions in Geography
Which phrases/sentences are true for colors found on the color wheel?
Answers (1)
What does it mean for a livestock animal to be "sound"?
Answers (2)
The Pacific Ring of Fire does not create this phenomenon? Group of answer choices Tsunamis Volcanoes Earthquakes Hurricanes
Answers (1)
Which of the following are types of thematic maps? Check all that apply.
Answers (1)
Which is the most accurate method of showing the entire surface of the earth? A. Mercator projection B. globe C. global gores D. Robinson projection
Answers (1)
Home
»
Geography
» What is one of the benefits of NAFTA for Mexico
Sign In
Sign Up
Forgot Password?