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Canada is an industrialized nation that specializes among other things, in exports of capital goods such as industrial machinery, steel, motor vehicles and parts, timber and aluminium.
On the other hand, Mexico is a developing country which is growing, and needs such capital goods to develop its infrastructure and to manufacture the consumer goods that it then exports to other countries such as the United States.
Canada and Mexico are located in the North American continent, close to the United States. Both countries have a common "end market" that allows for natural business associations. For example, Canada builds engines that are exported to Mexico. Then Mexico assembles full cars with such engines and then exports them into the United States.
Canada is cold country, while Mexico has a subtropical climate. Mexico cultivates Oranges, apples, table grapes, tangerines, grapefruit, pears and raisins; followed by bananas, mangoes, lemons, limes, watermelons, peaches, nectarines, plums, avocados, pineapples, and strawberries. Much of this fruit is exported to Canada during the winter season.
The European Union is a block of 27 states that combined, have more population and a bigger economy than that of the United States. To prevent Mexico and Canada falling into the European Union's "sphere of influence", the United States pushed for closer economic integration through the North American Free Trade Agreement (NAFTA) which increases trade among its member states.
What else can I help you with?
Who are Canada's top 5 importing partners?
The United States is by far Canada's largest exporting partner. Other countries include the United Kingdom, China, Mexico, and Japan.
How many hours from Halifax ns to Mexico?
A flight from London to Halifax, Canada takes about six hours.
How long does it take to get from Canada to Mexico?
Australia is UTC +10.5 to +8, Canada is -3.5 to -8
What do you call 5 cent coin in Canada?
A 5 cent coin in Canada is known as the 'nickel'.
How many members does the legislative assembly have in Canada?
5 mlas in canada
What highway number goes from Mexico to Canada?
I-5
How long is the flight from Toronto ont Canada to Cancun Mexico?
5 hour
How much bigger is Canada then Mexico?
Canada is significantly larger than Mexico in terms of land area. Canada is the second largest country in the world, covering approximately 9.98 million square kilometers, while Mexico is around 1.96 million square kilometers in size.
Where to move from Canada and give 5 reasons why?
if a person wants to move away from Canada, they do not need 5 reasons, one is enough, Canada does not need nor want people who are not happy living here, Canadians will tell you goodbye and good luck in your new country.
What country wouldn't fit in this group Canada China or Mexico?
China would qualify as such. It is an Asian country, while Mexico and Canada are located on North America (or the Americas, as per the 5-continent model).
Which countries border the Pacific Ocean?
IndonesiaUSA, Mexico, Canada, Japan, China and a few more but these are the top 5.
What are 5 popular countries in north America?
Canada, Mexico, and the USA are the only countries on the North American continent
Which ocean border the Pacific Ocean?
IndonesiaUSA, Mexico, Canada, Japan, China and a few more but these are the top 5.
5 cities held summer Olympics beginning with m?
Melbourne, Australia Mexico City, Mexico Munich, West Germany Montreal, Canada Moscow, Soviet Union
What are the top 5 exporting patner for us?
The top 5 US export partners are Canada, China, Mexico, European Union and Japan. US exports to Canada are 292.9 billion US dollars and to other top 5 are as follows. China (110.6) Mexico (216.3), European Union (184.3) and Japan (70) billion US dollars.
Who does the United States trade with the most?
1) Canada, 2) Mexico, 3) China, 4) Japan and 5) Germany
What is the flight time from Calgary to Huatulco?
The flight time from Calgary, Canada to Huatulco, Mexico is about 5 hours, 15 minutes.
