The effect of the transfer of operations from the United States to Mexico by transnational companies has been widely documented. Various studies show that the benefit to employment, sales and investment has been mutual. The results of one of those studies are set out here.
In shared production North America found a successful formula for competing in global markets. The treaties reached by the presidents of Mexico, the United States and Canada at the recent summit held in Ottawa outline the route to scaling up the international competitiveness of the region and improve the performance of the three economies. In this article the prime matters on the agreed work agenda are explained.
The current political discourse sometimes overlooks the great significance and complexity of the commercial exchange between Mexico and the United States. It also forgets that our country is likely to become one of the six largest economies in the world. This article measures the economic integration of North America and lays out its main challenges.