Two Reasons Mexico and U.S. Rise Together

The video discusses the growth of Cemex due to the US construction boom and NAFTA's positive impact on business flexibility. It highlights Ford's production shift to Mexico, benefiting from NAFTA, and the overall profitability of the US automobile market. The video also addresses the influence of technology and China's role in global trade, emphasizing that NAFTA is not the sole factor affecting jobs. The discussion concludes with the idea that trade agreements have enhanced business flexibility in North America.

What is the primary reason for Cemex's booming business in the United States?

• A rise in cement prices

• Increased demand for residential housing

• A decrease in cement production costs

• A construction boom in commercial real estate

Which company is highlighted as having a significant market in the United States for refined metals?

• Ford Motor Company

• Kansas City Southern

• Industrial Espinola

• Cemex

What is the main reason Ford is moving its small car production to Mexico?

• To focus on more profitable SUVs and trucks in the US

• To comply with new environmental regulations

• To reduce labor costs

• To expand its market in Mexico

What are the two major factors driving global economic changes, according to the transcript?

• Technological transformation and China's trade influence

• US economic policies and Brexit

• NAFTA and European Union policies

• Oil prices and Middle Eastern conflicts

How has NAFTA impacted American businesses, as discussed in the transcript?

• It has significantly increased job opportunities

• It has made businesses more flexible

• It has led to a decline in manufacturing

• It has caused a trade deficit