In Addition to the Presence of NAFTA, Mexico Was Attractive

question 62

Multiple Choice

In addition to the presence of NAFTA, Mexico was attractive for foreign direct investment due in part to:

• A) ruralization of the Mexican economy.
• B) urbanization of the Mexican economy.
• C) decreasing population growth.
• D) none of the above.

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Definitions:

Produce Efficiently

The process of producing goods or services in a way that minimizes costs and waste while maximizing output and quality.

Unregulated Monopoly

A market structure where a single supplier dominates without any government intervention or regulatory constraints.

Output

The quantity of products or services produced and provided by an entity, reflecting its productivity levels.

Competitive Market

A market structure marked by a high level of competition among businesses, where no single entity has the power to influence market prices significantly.