Issues In Mexico Essay - 1567 Words

emerges in the world. â€Å"Mexico has a $1.26 trillion economy, making it the 13th largest economy in the world, and the 11th taking into account power purchasing parity† (Wikipedia). Mexico is a great trader with the United States as it shares borders, culture, money being sent from immigrants to their families, and its heavily exportation of oil to our nation. Yet, there are many other countries that are willing to make investments with Mexico, looking for opportunity to grow for themselves. Although Mexico has been showing to be one of the largest growing nations it has also faced and is still facing today economic issues. â€Å"In spite of its growth, there are enormous gaps in Mexico that remain between the urban and the rural population, the†¦show more content†¦Mexico is currently our 3rd largest goods trading partner recorded in 2016. Goods exports totaled $231.0 billion; goods imports totaled $294.2 billion. The U.S. goods trade deficit with Mexico was $63. 2 billion in 2016† (Office of the U.S Trade Representative). Thanks to its membership of the North American Free Trade Association known as NAFTA, Mexico has been able to become one of the United States’ largest trade partners. It exports mostly manufactured goods, industrial goods, and automobiles. It has a positive trade balance with the United States, and consequently, it has become one of the largest holders of U.S. treasury bonds. In addition, Mexico produces about 200 products with revealed comparative advantage, meaning that its share of global exports is larger than what would be expected from the size of its export economy and from the size of a product’s global market. One thing that Mexico has always had has been corruption. Social inequality plays an important role on it. Referring to dishonesty and an inability or unwillingness to seriously take on the drug cartels. Corruption has caused Mexico a big hit within its GDP when it came to 2014 because of government corruption. One issue that Mexico has is that competition in the business sector is making itself less competitive within the world market because they’re known to pay briberies to obtain certain licenses to keep them in business. AnotherShow MoreRelatedIssues in Mexico Essay1103 Words   |  5 Pagesimmigration into the United States, many of us immediately think of Mexico. As a nation, Mexico is a much greater country than these commonly referred to issues. Mexico is a country with a broad history, deep family culture, and an economy fueled by oil and tourism. The United States Department of State (USDS) offers a broad range of information on countries outside the US, including Mexico. I found a wealth of information about Mexico through the USDS Background Note provided on their website locatedRead MoreEssay on Immigration Issues Between UU And Mexico1256 Words   |  6 PagesUnauthorized immigration has been a major political issue at least for the past 30 years, and is one of the most difficult to resolve. The problem relates to both economic and business realities of the U.S. and Mexico. There may be anywhere between 4 to 12 million undocumented immigrants living in the United States. For undocumented immigrants from Mexico, population experts have discovered that there is a constant flow of both immigrants into the US and leaving the US . This is the primary reasonRead MoreEssay about The Issue of Illegal Immigrants from Mexico853 Words   |  4 PagesThe Issue of Illegal Immigrants from Mexico One of the most controversial political issues of today is that of illegal immigrants from Mexico. 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