As Auto Industry Expands, NAFTA Finally Pays Off for Mexico
In the early years of Nafta, Mexico benefitted from getting textile and low end component part factories. But foreign investment quickly dried up as American, European, and Japanese investors became far more interested in Asia, particularly China and India. The WTO agreement sealed Mexico’s fate and being passed over. Mexico’s economy went down, and crime … Continue reading As Auto Industry Expands, NAFTA Finally Pays Off for Mexico
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