[Related to the Apply the Concept on page 376] An
article in the Wall Street Journal in mid-2017 noted,
“Mexico’s economy kept up steady growth in the first
quarter, expanding for a 15th consecutive period despite
concerns that strained trade and investment relations
with the U.S. will bring about a sharp slowdown.” During
this period, why were some observers concerned about
Mexico’s economic relations with the United States? Why
are these relations particularly important if the Mexican
economy is to experience sustained growth?
Source: Anthony Harrup, “Mexican Economy Maintains Growth in
First Quarter,” Wall Street Journal, April 28, 2017.