Mexico is one of the largest trading countries. They export things like agricultural goods, and mining products. Their main exports, however, are actually manufactured products (83% of total shipments), oil and oil products (13%). Their imports tend to consist of metallic products, machinery and equipment (50% of their total imports), mining products (13%), and chemical products (6.3%). The main trading partner they have is the United States. This is 80% of their exports, and 51% of their imports. Some of their other trading partners include Canada, China, and Japan. However, over the years they have been going through rough times. Their trade deficit narrowed to a 0.9 billion. Their exports had decreased 4.4%. Also the non-oil sales declined …show more content…
Their current GDP is at 1.144 trillion. They have a large population of 127,385,833. Their gross enrollment ration is at 103.389. The CO2 emissions (metric tons per capital) are at 3.949. The poverty head count ratio is at 53.2. They also have a current life expectancy of 76.722. Also the GNI for each capital is 9,710. The overall level of statistical capacity is at 92.222. Onto some of the global economic prospects (forecasts). The annual GDP growth is around 2.961. The finances are at a steady 642.09 million. Now moving onto the climate changes of Mexico. Starting with the average monthly temp. January: 15.468, February: 16.766, March: 18.703. April is at 21.459, May: 23.697, June: 25.305, July: 25.397. As for the last ones August: 25.301, September: 24.189, October: 21.682, November: 18.211, and last but not least December: 15.786. It’s easy to see that the temp slowly rises, and then it slowly falls back down again. It is somewhat the same for the average monthly rain fall. Except it starts high-ish, then lowers some, then goes up to around the 100s, then lowers back down to the 20s. Instead of typing out all the numbers, like what was done for the average monthly temp, this one was a bit less able to visually see the changes in the …show more content…
It was interesting though to learn about several different things. Like, learning some of the things of Mexico. Learning about their exports and imports. Their different weather changes and climate. Finding out about their GDP, and even learning about the treaty that they have with the United States and Canada. Although, I would have to say that researching more information on their treaty, was the most interesting thing I did for this project. I had never known about that treaty, I didn’t even know that we had it. But I did like learning about it. It seems to me that it wasn’t as good as the United States, Canada, and Mexico had intended it to be. I suppose it was good that they had tried to solve some of their problems. Some things were fixed, and some were not. Anyway, enough with the babbling on and on. Thank you for reading this paper and I hoped you learned something knew that you had not known before. I hope that this assignment was as good as I hoped it to be.
Mexican Lives is a rare piece of literature that accounts for the human struggle of an underdeveloped nation, which is kept impoverished in order to create wealth for that of another nation, the United States. The reader is shown that the act of globalization and inclusion in the world’s economies, more directly the United States, is not always beneficial to all parties involved. The data and interviews, which Hellman has put forth for her readers, contain some aspect of negativity that has impacted their lives by their nation’s choice to intertwine their economy with that of the United States. Therefore it can only be concluded that the entering into world markets, that of Mexico into the United States, does not always bring on positive outcomes. Thus, one sees that Mexico has become this wasteland of economic excrement; as a result it has become inherently reliant on the United States.
In addition, Mexicans as well as US citizens will start to demand more accountability from the Mexican government and the Maquiladora industry. They need to be more responsible for their actions. What will the U.S. corporations do when human rights activists and environmentalists start lobbying and protesting on their US sites? Do they want to risk losing their shareholders to this type of negative attention?
Mignolo, W. D. (2005). The Idea of Latin America (pp. 1-94). Malden, MA: Blackwell Publishing.
Mexico was running an increasing current account deficit from US$7.5 billion in 1990 to US$23.4 billion in 1993. This indicates an excess of private investing over private savings. However, the country was able to maintain an improving fiscal account from US$3.6 billion deficit in 1990 to US$0.7 billion surplus in 1993. The deficit in current account was financed through capital funds from abroad resulting the capital account to increase from US$8.4 billion in 1990 to US$33.8 billion in 1993.
When we look at just a few of the specifics of our trade with the U.S., we find that:
Mexico’s economy was very unstable and unfair in comparison to the U.S. and Canada’s economic standing. But even though Mexico’s economy was bad, Canada and the U.S. ignored that Mexico wasn’t in any condition to enter as an equal partner (Henderson 121). The overvalued peso in Mexico also caused many problems economically. Since the peso was overvalued for many years, when the peso did float in 1994, it lost 20 percent of its value (Henderson 123). Due to this drastic change to Mexico’s currency, Mexicans were unable to make their payments nor buy goods because the prices rose drastically, which caused many businesses to shut down or lay off their workers (Henderson 123). This was the start of the many problems yet to come because these countries would be trading unequally with Mexico since Mexico didn’t have much to give besides workers who would work for cheap
When we hear discussions or read articles about drug wars, killings, and illegal immigration into the United States, many of us immediately think of Mexico. As a nation, Mexico is a much greater country than these commonly referred to issues. Mexico is a country with a broad history, deep family culture, and an economy fueled by oil and tourism. The United States Department of State (USDS) offers a broad range of information on countries outside the US, including Mexico. I found a wealth of information about Mexico through the USDS Background Note provided on their website located at www.state.gov. I will outline for you the key information found in this report, and others, related to the Mexican economy, culture, and more.
If one were to visit different countries and societies throughout the world, they may notice the many differences and similarities each region shares. This makes the world a very unique place because there is constant change and diversity everywhere we look, no matter the distance traveled. A prime example of this would be the similarities and differences between the United States of America and Mexico. Although the two are neighboring countries, there is a great deal of diversity amongst them that deserve a thorough examination.
The population of Costa Rica is 4,805,000 (WHO, 2009). The population growth is roughly 1.27% annually (CIA, 2013, para 3). About 64% of the country’s population lives in urban areas (CIA, 2013, para. 3). Although Central America is considered poor by many, Costa Rica’s poverty rate is lower than its neighboring countries – it is about 20% percent (CIA, 2013, para. 3). In 2012, the gross domestic profit (GDP) was $59.79 billion, or $12,800 per capita (CIA, 2013, para 3). A considerable amount of the country’s income comes from agricultural exports and tourism (CIA, 2013, para. 5). Agriculture makes up about 6.2% of the GPD and industry makes up about 2.5% of the (CIA, 2013, para. 5).
In today’s society, many items purchased at stores are made in other countries. Life in America would change dramatically if imported goods were no longer available. Variety and price would be two of the most notable changes for consumers. Consequently large companies that rely on imports would also struggle with extreme profit losses. In addition to losses for importers, exporters would also suffer due to the inability to produce products. (Fuest, 2017). Americans have become accustom to the benefits that international trade offers. The realization that the majorities of products in the U.S. are produced overseas or have been assembled with imported components leads one to wonder if America could survive without imports.
Climate change is a considerable problem in Mexico. By the end of this century mexico’s annual climate will raise 4.5-7.2 degrees fahrenheit (climate). This may not seem substantial, but if this continues global temperatures could skyrocket exponentially. The major effect climate change is having on Mexico is drought. For the last few years mexico has been in a serious drought. 40% of mexico’s water now comes from outside sources (Climate). This is having a major after effect on agriculture. The government is having to supply farmers with water and replace dead crops. Not only is climate change harmful to people, but the economy as well. The solution seems simple; impose a carbon tax or phase out fossil fuels, however, it's never that straightforward.
... consist with the success of Mexico’s growing “GDP” thanks to NAFTA. By creating NAFTA, North America is able to not just compete in the global market but also be the supreme leader. NAFTA rules the trade of good’s and services in an international scale, with over 1.1 trillion in goods and services being traded in North America alone. NAFTA has made world markets compete at a higher level to eventually eliminate all Tariffs on a global scale for all Corporations to trade freely. The creator’s of NAFTA understood the fundamental realities, that Corporations do not have borders or belong to a single country. Corporations live and breathe without the common knowledge of patriotism. Corporations live in a “New Economic World Order”. Thanks to NAFTA the blueprint has been drawn to begin a massive change in the way the world will conduct business in the near future.
1,274,000. It is still growing immensely as we speak. It is the former capital of
Of late, with the growth in private sector, inflow of FDI, tourism industry, manufacturing company, more diplomatic relation with other countries etc has further helped in increasing the Gross Domestic Product (GDP) of the country. With higher GDP, more budgets will be there to improve the quality of life of the citizens but on contrary, with increasing population and more infrastructure development, the economy state of t...
... temperature average over the last 20 years has been scored highest ever recorded. With this high changing in rain and wind direction there may be at least more than 200 million climate change by the 2050.