Vincent Truglia
Vincent Truglia
account burden canada clearly currency current debt deficit direct economy effect financed foreign increasing investment mexican powerful reduction relative resulted rise sharp united
Clearly there's been a relative reduction in the foreign currency debt burden because of the sharp rise in exports, the increasing integration between the Mexican economy and those of Canada and the United States, which has had a very powerful effect on the Mexican economy and resulted in the current account deficit being heavily financed by direct investment inflows.
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