Adidas in Mexico

As a free market economy, Mexico has taken a mixture of outmoded and modern industry to form their own style. This free market is dominated mostly by the private sector, who continually gains more control everyday. However, thanks to recent administrations, Mexico has been able to increase competition is many of their markets including seaports, railroads, electricity, airports, natural gas distribution, and telecommunications.
Mexico’s market is constantly improving. In the past few years the have had a 6.9% growth, a drop in inflation to 6.5%, and a fall in interest rates. Also, the peso appreciated 5% against the dollar in 2001. Much of this growth is associated with putting more than 90% of all trade under free trade agreements. In 2001, Mexico City entered into free trade agreements with Guatemala, El Salvador, Honduras, and the European Free Trade Area.
Despite this recent improvement in their economy, Mexico is still struggling. With the worst recession...