Global Trade Features provides business reviews, roundups, and commentaries on topics of international trade, banking, logistics and transportation.
THE PROS AND CONS OF MANUFACTURING IN MEXICO
Since the North American Free Trade Agreement (NAFTA) came into effect in 1994, Mexico’s low labor costs have made it a prime location for U.S. companies to base their manufacturing. Initially, there was a correlation between low quality and the low costs of goods made in Mexico. However, over time costs have remained only a fraction of… Read More
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