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Is the US or Mexico richer in natural resources?
It depends: the US is much richer in some resources and Mexico in others.
What is the amount of trade between us and Mexico?
There is a trade amount of some US$294 billion, including US$179 billion on exports from Mexico into the United States, and US$115 billion on imports from the United States into Mexico.
What amount of trade Mexico conducts with US per year?
The total amount equals some US$479 billion, with some $321 billion in imports from Mexico into the US and some US$158 billion on exports from the US into Mexico.
Does the US have trade deficit or a trade surplus with Mexico?
IN some ways we do but it is not all the way true because the government does not sure that information with us.
Why did the US and Canada first work together on free trade?
Mexico only wanted to export natural resources such as silver, gold, and coal.
Does the US buy more from Mexico thann Mexico buys from US?
Yes. Most of the time the US has a trade deficit with Mexico.
Should the US trade with Mexico?
It already does.
Does Mexico have more to offer than other countries in Latin America?
It depends on what are you talking about. Natural resources? No doubt the overall region has more resources than Mexico. Manufactured goods? Most of them are already produced in China, but some of them take advantage of Mexico's closeness to the US. Tourism? Mexico is cheap and close to the US.
Does Spain trade with Mexico?
Of course. Mexican exports into Spain account for some US$3,250 million, while Spanish imports into Mexico are valued at some US$2,400 million. There is also a big amount of Foreign Direct Investment from Spain into Mexico of some US$3,500 million.
Would the US still have had a trade deficit with latin America without Mexico totals?
If you take Mexico out of the equation, balance would be positive by about US$ 11.4 billion. This is because trade with Mexico is larger that the trade with the rest of all Latin America combined:US-Central and South America Trade (2012):exports: US$ 183,187.8 millionimports: US$ 171,780.5 millionbalance: US$ 11,407.3 millionUS-Mexico Trade (2012)exports: US$ 215,931.2 millionimports: US$ 277,569.8 millionbalance: US$ -61,638.6 million
Why did the us Canada and Mexico sign the north American free trade agreement nafta?
to improve infrastructure in North America by pooling resources
What is nafta and how does it affect Mexico us and Canada?
NAFTA is the North American Free Trade Association; it helped Mexico, Canada, and the US trade easier with each other.
