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WorksheetsNYT- Mexico
Total questions: 15
Worksheet time: 16mins
Why are companies setting up in Mexico?
Because companies with factories in US suffered shortages of parts made in Asia
Because chinase companies assume the breach between China and US is not going to endure
Because China is setting up operations outside North America Trading Block
The concept of Nearshoring involves international companies moving production closer to consumers to limit their vulnerability to shipping problems and geopolitical tensions
True
False, it involves building apartments near to factories
False, it involves locking two countries in fierce trade war
State one reason which explains why foreign companies are being set in Mexico...
To reduce the risk
To increase the market share
To improve highways in developing countries
Select why Chinese companies preferred setting up factories in Mexico than Vietnam
Because their market was US and the shipping cost was high
Because voyages that previously cost $2,000 were 2 times as much
Both are correct
Which agreement started the path before?
Japanese and South Korean companies. Chinese firms are establishing factories that allow them to label their goods “Made in Mexico,”
Uruguay and South Korean companies, Mexican firms are establishing factories that allow them to label their goods “Made in Mexico,”
Japanese and South Korean companies, Chinese firms are establishing factories that allow them to label their goods “Made in China,”
Select the propers definition for Mr García (2 are correct)
He's a 35-year old governor from Nuevo León.
He looked for companies in WEF
Since 2021 he is the governor and Nuevo León has obtained $7 billion in foreign investment
He runs a sideline enterprise as a developer in Monterrey
Took advantage from a lucrative opportunity to turn a cattle ranch into an industrial park
Who is Mr. Chan? Select two answers
Owner of Man Wah Furniture Manufacturing
Someone who used the Chinese social media platform WeChat to connect with Mr. Jiang looking for a joint venture
Governor of Nuevo Leon
The person who runs a sideline enterprise as a developer in Monterey
How was in 2021 the foreign investment divided in Nuevo León?
30% chinase companies
47% from USA
47% chinase companies
30% from USA
90% chinase companies
10% from USA
What is Hofusan Real State?
The response to the demand. They created an ecosystem of warehouse, factories and hotels
A company from Sydney based on Mexico
A Chinese company that do not operate with the label Made in Mexico
Write the conclusion of the case "Why Chinese Companies Are Investing Billions in Mexico"
What is the primary motivation for Chinese companies like Man Wah Furniture Manufacturing to invest in Mexico?
Access to cheaper labor
Mitigating shipping challenges and geopolitical risks
Exploiting legal loopholes for trade advantages
Which factor significantly contributed to the decision of companies like Man Wah to relocate production closer to consumer markets?
Reduction of environmental impact
Decrease in manufacturing costs
Increase in international trade barriers
What role did tariffs play in influencing the investment decisions of Chinese companies like Man Wah?
They encouraged companies to increase imports from China
They incentivized companies to relocate production to Mexico
They had no impact on investment decisions
What challenge did companies like Man Wah face in complying with trade agreements while operating in Mexico?
Difficulty in securing skilled labor
Limited access to raw materials
Meeting minimum regional content requirements
What is a potential long-term implication of the nearshoring trend observed in the case?
Increased outsourcing to Asian countries
Strengthening of regional economic integration
Expansion of global manufacturing in Europe
