MEXICO VS. USA
MEXICOMexico is a federal constitutional republic in North America and has a capitalist economy. The estimated population is over 110,000. Mexico's economy is the 13th as far as Gross Domestic Product (GDP) terms and 11th in Purchasing Power Parity (PPP). Mexico's economy has been helped by the North American Free Trade Agreement (NAFTA), increasing its trade with US and Canada by three times from before NAFTA. Most of Mexico's agriculture still has production techniques that are very out dated. US agriculture is around 20% greater than Mexico. Over 25% of Mexico's population lives in rural areas but agriculture is only a small percentage of the GDP. Mexico's GDP is about the same as some other countries such as Spain, South Korea and Canada. But has about 5 times the number of people. It's GDP growth is slower that the world average but faster than the countries it is trading partners with such as the US and Canada.
|
USA |