True
It is the second largest economy after Brazil, and roughly represents 25% of the region's GDP.
Right now Mexico's economy has fallen victim to the world economic slump that has affected most countries. Also, because of the swine flu scare of early April-May of this year, Mexico City (the country's most important city, with nearly 30% of the GDP share) was shut down for nearly a month.However, the economy has been more or less stable than most Latin American nations.
Competitiveness: Competing against the BRIC bloc (Brazil, Russia, India, China) for economic opportunities, markets and foreign investment from developed countries.Economy: World economic bust compounded with a swine flu (H1N1) scare is keeping a depressed economy: the high dependence on America as receiver of Mexican exports as well as source of international tourists have impacted negatively on the Mexican economy to astonishing levels (-7% of growth during 2009).Poverty: Although Mexico is a world leader in hunger reduction, there is still a 5% of children under 5 suffering with malnutrition; according to the United Nations Development Programme, 17.6% of Mexicans (19.7 million for 2009) are below the poverty line.
ECONOMYMexico is highly dependent on exports to the U.S., which represent more than a quarter of the country's GDP. The result is that the Mexican economy is strongly linked to the U.S. business cycle, and has suffered from the economic slowdown in the United States. Real GDP grew by 4.8% in 2006, 3.3% in 2007, and 1.4% in 2008, but government officials expect the economy to contract by up to 5% in 2009.Mexico's trade regime is among the most open in the world, with free trade agreements with the U.S., Canada, the EU, and many other countries (44 total). Since the 1994 devaluation of the peso, successive Mexican governments have improved the country's macroeconomic fundamentals. Inflation and public sector deficits are under control, while the current account balance and public debt profile have improved. As of October 2008, Moody's, Standard & Poor's, and Fitch Ratings had all issued investment-grade ratings for Mexico's sovereign debt.
oil production ~novaNet~
Mexicos Got Talent was created on 2010-02-12.
its a bird,,,mexicos state bird its a bird,,,mexicos state bird
Spain
tacos
He is Marques.
jtyjrhrd
1.149 trillion
hot
No,
The involvement of new Mexicos in the Spanish American war showed solidarity.
gold dude