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This corporate strategy had in fact been around since the 1980s among Mexican subsidiaries in the automotive and computer industries, which led to significant increases in trade. NAFTA expected to improve the business in along with displaying a magnetism to attract international investment vis-a-vis those of other newly industrialized countries...
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Furthermore, NAFTA was viewed as the only way to draw the volume of foreign capital needed to enable Mexico to handle a balance of payments.
Mexicoâs GDP purchasing power is estimated at United States $1.353 trillion in 2007 and 741.5 billion in normal exchange rates. The standard of living per capita is US $12,500...
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