Made in Mexico By: Cedar, Tyler, Madison, Jae, Bryan

CARS Mexico is the worlds fourth biggest auto exporter It exports Nissan, Mazda, Honda, Volkswagen, and Audi to the U.S.

US imports Currently Mexico competes with China, India Russia and Brazil It is growing and predicted to pass them soon especially with the increase in gas price Because of the proximity to the U.S. and NAFTA it is becoming one of the U.S.’s biggest trade partners

Mexico economy growth Mexico is predicted to become on of the worlds 10 largest economies with a 4% growth rate currently and the new president trying to reach 6% soon

Change in the oil industry PEMEX has been run rather poorly in the past but is looking at improvement Opening it up to private business using contracts in which private companies would share both reward and risk of drilling

Mexico VS China In 2000 it cost China $.32 per hour to employ a worker and Mexico $1.51 Last year it cost China $1.63 per hour to employ a worker vs Mexico’s $2.10 This coupled with NAFTA and the rising price of oil will soon make it cheaper to manufacture things in Mexico