Peter F. Drucker Boxed Set (8 Books) (The Drucker Library)

CHAPTER TWELVE

Mexico’s Ace in the Hole: The Maquiladora

FEW U.S. BUSINESSMEN WOULD name Mexico if asked who America’s main trading partners are. Yet last year it ranked number three, behind Canada and Japan. Every day the Mexican economy is becoming more closely integrated with that of the U.S. And the Mexican government, with strong popular support, has decided to speed up this process and to make it irreversible. It has proposed a U.S.-Mexico free-trade agreement that would create a North American Economic Community of Canada, the U.S. and Mexico—more populous than the European Economic Community and not too far behind the EEC in output and ...