Economic Themes (2013) 51 (2) 5, 313-333


Miloš Todorović, Valentina Milosavljević

Abstract: Mexico is one of the most open economies in the world and has, among many others, the free trade agreement with the United States and Canada (North American Free Trade Agreement - NAFTA), which in terms of gross domestic product, measured in purchasing power parity of its members, is the largest trading bloc in the world. Mexico is one of the Spanish-speaking countries, which showed that it was not immune to the economic and financial crisis. Today, Mexico has an economy that is developing rapidly, according to the World Bank ranked the eleventh largest in the world. Based on the impressive economic performance of Mexico records, it could be said that the Mexican export-oriented economy, after the periodic crises through which Mexico passed in the last three decades, finally learned pragmatic lessons and more ready than many other economies awaited recovery time. After a brief review of the economic development and the position of Mexico in the world economy, the paper content is mainly a research intensity, volume and structure of foreign trade in Mexico, as well as economic cooperation between Serbia and Mexico.

Keywords:  NAFTA; the economic crisis; export-oriented economy; recovery; foreign trade; cooperation between Serbia and Mexico.

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