Therefore, the loss of revenue would have a major impact on the daily life of its population and the operation of the government . ... Commercial lending rates and credit card interest rates in Mexico have almost doubled and hover around 40% and inflation is expected to reach 20%. ... Since the middle class represents the lowest percentage of the working population and the upper an lower classes grow further apart, by exchanging or trading goods and services between the two countries hopefully resources such as oil, gas, textiles and agricultural products can be kept at a rate where ...

• Word Count: 1104
• Approx Pages: 4
• Grade Level: High School

Imagine you"re living in a world where there are no regulations for trade. Everyone would set their own trues and run after them. This could result in disastrous trade wars. However, we do not have these wars. Why? Because we have organisations like GATT (General Agreements On Tariffs and Trade...

• Word Count: 2688
• Approx Pages: 11
• Grade Level: High School

About 5% of the world population lives in the US but consumes 25% of the total apparel produced in the world. ... This eccentric perception of consumers in US that price and quality are inversely related as opposed to directly related has resulted in double digit growth rates for retailers offering low price and high quality for example Wal *Mart and Gap have experienced close to 20% growth rate for the last ten years. ...

• Word Count: 6737
• Approx Pages: 27
• Grade Level: High School