Economy
Economically, Mexico is emerging from a ‘rock bottom’ situation. After the signing of the North American Free-Trade Agreement (NAFTA) 1993, nearly 10 million farmers were left bankrupt (The Economist). This because cheap food stuff was imported into Mexico from other neighboring countries making farmers in northern Mexico unable to continues with farming.
Experts further assert that the economy worsened during the financial crisis suffered the United States, the biggest trading partner of Mexico. Recession in United State’s economy reduced exports from Mexico by about 25%. This decline in exports pushed the economy of the country into deep recession. Mexicans ...
