Question

What are strengths and weaknesses of Mexico and the United States economy?

What are strengths and weaknesses of Mexico and the United States economy?

Homework Answers

Answer #1

strengths:

  • the Geographic proximity to the united states economy was its greatest strength
  • being the Membership of NAFTA, OECD, the G20 and the Pacific Alliance has its place
  • to have good Substantial industrial base
  • there Recent improvement in fiscal position is its one of its strength
  • good ficial policy being more than a decade
  • low labour costs

weakness

  • because of Highly dependent on the United States economy vulnerable to changes in the NAFTA agreement will degrade it
  • Rising of criminality rate is major concern
  • Infrastructure and education are primary weaknesses
  • the Oil sector undermined by years of underinvestment
  • narrow income base by the government
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