Mexico And Its Incredible Role In International Commerce And The International Economy
The international economy has immensely grown over the past few decades as a lot more resources are developed that maximize the opportunities of importing and exporting, as well as greatly increasing the potential of international communication. Several businesses have made the move to make the most of this international economy through investment into resources such as outsourcing, which allows them to reduce their expenses and increase the opportunities of maximizing profit.
This international economy has also helped in boosting the opportunities of international commerce, as companies expand their business into countries around the world which offer strength in the domestic market. Mexico is one of the nations that has discovered the greatest advantage created by the international trade.
Mexico has fast become one of the greatest nations of opportunity for a business organization to take advantage of when looking to develop their profits with imports and increase the opportunities of producing exports. With looking to make the most of the opportunity of importing, Mexico supports a really large domestic market of over 112 million citizens.
When you combine this with the average age being 29, you discover a marketplace which provides great promise for a company looking to invest in international commerce, into a relatively untapped resource. To further aid companies in benefiting from this opportunity, Mexico has reduced their tariffs on imports from 13% to 4.8%, creating incredible savings for any company looking for investment into this foreign market.
Whilst the opportunities of importing are exceedingly positive, one more advantage a company could utilize when seeking the best possibilities in the international economy is found with production and exporting in Mexico. With the average age of citizens in Mexico being 29, it enables businesses to tap into a very youthful workforce that will help in maximizing production potential. Furthermore, 28% of the population is under the age of 15 which will allow you to continuously tap into a youthful workforce that's well-educated and driven towards creating high-quality products. The educational growth in Mexico is highly important, taking advantage of fields such as engineering, electrics, automotive, information technology, aerospace, and many other areas that will benefit your production opportunities.
One of the greatest possibilities in Mexico which exist with international commerce and taking advantage of the international economy is found with location. As a central point in the world, Mexico offers incredible access to high areas of international commerce, like those found in North America, Latin America, Asia, and Europe. Mexico supports 49 international access points, 76 seaports, 85 airports, 26,700 km of railroad, 366,000 km of roads, and even 11 trade agreements that give them access to 43 markets equaling 66% of the world GDP. No other country can match the international opportunities of importing and exporting which exists with Mexico.
ProMexico is the Mexican Government institution in charge of strengthening Mexico's participation in the international trade (<a href="http://www.myspace.com/556608531">comercio</a>). With this objective in mind, the institution supports the export activity of companies established in the country and co-ordinates actions to attract foreign direct investment to national territory. ProMexico was established on June 13, 2007, as a sectoral public trust under the Ministry of the Economy, and operates through a network of 25 offices throughout Mexico and more than 27 offices abroad.
About the Author
Visit the website <a href="http://www.promexico.gob.mx">http://www.promexico.gob.mx</a> to know more.
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