The Impact of Globalization

What economic problem does Mexico face?

• not enough workers

• growing unemployment

• few energy resources

• a decline in agriculture

What effect did the North American Free Trade Agreement (NAFTA) have on Mexico?

• Trade with Canada and the U.S. rose by 300 percent..

• Trade with Canada rose by 200 percent; trade with the U.S. dropped.

• Trade with Canada and the U.S. dropped by 50 percent.

• Trade with the U.S. rose 400 percent; trade with Canada stayed the same.

Check which are the three economic sectors in Mexico's economic activity: (check all that apply)

• manufacturing

• Gross Domestic Product (GDP)

• service

• agriculture

Fill in the blank.

The development of a world economy based on free trade and use of labor from other countries is called .

(a)  

Fill in the blank.

A foreign-owned factory where parts are made or put together and then shipped worldwide is called a .

(a)  

Check all that apply.

Examples of exports in the agricultural sector include:

• coffee

• cotton

• sugarcane

• fruits

Manufacturing in Mexico includes the following:

• migration, government, and jobs

• NAFTA, industries, and globalization

• automobiles, food processing, and metal products

• tourism, banking, transportation

True or False

Mexico no longer faces economic challenges.

• True

• False

Fill in the blank (spelling counts).

What does the GDP stand for?

(a)  

Check all that apply.

During the 1900's, which of the following did the Mexican government-controlled:

• NAFTA

• baking

• transportation

• telecommunications

• banking