Business coverage by grad students at the Medill School of Journalism
Despite swelling fears of the recession, drug trafficking, the United State’s trucking ban, Mexican tariffs, the dispute over illegal immigration and the swine flu, U.S. investors should not overlook our south of the border neighbor.
Mexico is becoming an increasingly attractive location for foreign companies to do business and on the flipside, Mexican companies are becoming more interested in investment in the states.
The public has tended to cast the Mexican community in a negative light, according to Dr. Farrokh Hormozi, an economics professor at Pace University in Pleasantville, N.Y. But ever since the North America Free Trade Agreement, or NAFTA, the Hispanic market both in the U.S. and in Mexico has become prosperous and consumption-oriented.
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