Pre-NAFTA U.S. investment in Mexico climbs

October 1993
U.S. News & World Report;10/25/93, Vol. 115 Issue 16, p14
Presents data which shows how United States companies are investing in the Mexican economy despite concerns about the proposed North American Free Trade Agreement (NAFTA). Bell Atlantic to invest $1.04 billion to acquire 42 percent of a Mexican cellular telephone company; Overall direct investments in Mexico by United States firms is $450.2 billion; Increase in the United States trade surplus with Mexico in merchandise and business services between 1991 and 1992.


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