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Mexico
Part one of term paper
During World War II had very good business relations with the United States. They provided a lot of raw materials, which were necessary to support American military needs. In that time the U.S. had an agreement with specifying that the country would export its resources only to the Allies. After WW II restricted imports in an attempt to pr ...
Part two of term paper ... loan of $150 million for the financing of several projects to improve transportation, agriculture, and power facilities. This helped to improve the whole economic situation.
This policy led to an average annual growth rate of about 6 % for the next two decades. By the late sixties it was realized, that the domestic industries have become lethargic and inefficient because of the shelter from international competition.
1965: The Maquiladoras Program
To help its manufacturing sector, settled the ...
Word count: 1046 | Approximate pages: 4
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