Mexican exports, NAFTA and the EU

Trabajo Escrito , 2008 , 16 Páginas , Calificación: 1,7

Economía - Relaciones económicas internacionales

The report examines the Mexican exports development in connection with NAFTA and MEUFTA `s regulations and provides insights on the strong dependency of the Mexican exports on the cycles of the American economy. In the introductory part Mexico’s macroeconomics and export compositions are discussed.

The main part analyzes the influence of NAFTA on Mexican economy and exports, the dependency of Mexican exports on the United States’ business cycle as well as of MEUFTA and its effects on Mexico. In conclusion Mexico’s future perspectives in terms of economical outcomes are summarized.

Inhaltsverzeichnis (Table of Contents)

• Introduction
• National Economy
• Mexican Exports
• NAFTA
  • Mexico's Role in NAFTA
  • The effects of NAFTA on the Mexican economy
• Dependency of the Mexican exports on the United States' business cycle
• Mexico and the EU
  • MEUFTA
  • MEUFTA Influence on Mexican exports
  • MEUFTA Criticism
• Conclusions
• Sources

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This report examines the development of Mexican exports in relation to the regulations of NAFTA and MEUFTA, providing insights into the strong dependence of Mexican exports on the cycles of the American economy. The report begins by discussing Mexico's macroeconomic environment and export composition. The main part analyzes the influence of NAFTA on the Mexican economy and exports, the dependency of Mexican exports on the United States' business cycle, and the effects of MEUFTA on Mexico. The report concludes with a summary of Mexico's future economic prospects. Key themes and main ideas from the text include:

• The impact of NAFTA and MEUFTA on the Mexican economy and export sector.
• The dependence of Mexican exports on the U.S. business cycle.
• The evolution of Mexico's economic strategy from Import-Substitution-Industrialization to a neoliberal model.
• The challenges faced by the Mexican government in areas such as infrastructure, labor law, and income distribution.
• The role of exports in the Mexican economy and its connection to government revenues.

Zusammenfassung der Kapitel (Chapter Summaries)

Introduction

The introduction provides a brief overview of the report's scope and objectives. It highlights the focus on Mexican exports, their connection to NAFTA and MEUFTA regulations, and the dependency on the American economy's business cycles. The report also outlines its structure, covering topics such as Mexico's macroeconomics, the influence of NAFTA, the relationship with the United States' business cycle, and the impact of MEUFTA.

National Economy

This chapter delves into Mexico's economic landscape, describing it as a free market economy with significant sectors in agriculture, industry, and services. It highlights Mexico's role as a major importer for the U.S. and Canada and outlines the macroeconomic situation, characterized by a steady inflation rate and average growth rates. The chapter discusses the country's economic shift towards a free market economy in the mid-1980s, the challenges faced during the 1990s crisis, and the ongoing impact on the standard of living. It also examines the influence of NAFTA and MEUFTA on Mexico's macroeconomic policies.

Mexican Exports

This chapter explores the historical context of Mexican exports, emphasizing the significant role of export taxes in government revenues. It traces the evolution of Mexico's export strategy, highlighting the “Export Led Era” during which the country exported mainly agricultural and industrial goods to England, relying on low wages to gain competitive advantage. The chapter also details the transition to the “Import-Substitution-Industrialization” era, the adoption of the neoliberal model, and the subsequent increase in Mexico's participation in international trade. The chapter concludes by analyzing the rapid growth of Mexican exports since the 1980s, attributed to factors like the trade agreements with the U.S., Canada, and the European Union.

NAFTA

This chapter examines the North American Free Trade Agreement (NAFTA) and its impact on Mexico. It explores Mexico's role within the trade agreement, analyzing the effects on the Mexican economy, including trade liberalization, increased foreign direct investment, and changes in the trade composition.

Dependency of the Mexican exports on the United States' business cycle

This chapter focuses on the dependency of Mexican exports on the U.S. business cycle. It analyzes the cyclical fluctuations in Mexican exports as a result of changes in demand for Mexican products in the U.S. market.

Mexico and the EU

This chapter explores the Mexico-European Union Trade Agreement (MEUFTA) and its influence on Mexican exports. It analyzes the impact of MEUFTA on trade patterns, market access, and investment flows. The chapter also discusses the criticism directed at MEUFTA, addressing potential downsides and limitations of the agreement.

Schlüsselwörter (Keywords)

This report delves into the complexities of Mexican exports, exploring their evolution, challenges, and future prospects. Key themes include: NAFTA, MEUFTA, macroeconomic stability, trade liberalization, free market economy, business cycle dependence, international trade, foreign direct investment, and economic development. The report highlights the impact of trade agreements on the Mexican economy, analyzing the dependency of Mexican exports on the United States' business cycle, and examining the role of exports in government revenue.

• Universidad: Furtwangen University
• Curso: Doing business in Latin America
• Calificación: 1,7
• Autores: Veronika Minkova (Autor), Ekaterina Bacheva (Autor)
• Año de publicación: 2008
• Páginas: 16
• No. de catálogo: V116454
• ISBN (Ebook): 9783668350250
• ISBN (Libro): 9783668350267
• Idioma: Inglés
• Etiqueta: Mexican, Doing, Latin, America