Activity

Activity objective

To report any trading opportunities for a Mexican company in Europe.

Instructions

Mexico has already signed a free trade agreement with the European Union, nevertheless, we still have a significant trade deficit with that economic bloc. What kind of opportunities are Mexican businesses missing there? Do some research about current trade stats between Mexico and the EU, regarding the automotive industry.

1. Look for the specific benefits of that industry for Mexico under the current free trade agreement with the EU.
2. Write a memorandum with your findings to the CEO of a leading Mexican automotive supplier. Add a brief prediction about what you think might happen within the next six months and why.

Checklist

• Automotive industry statistics.
• The benefits according to the FTA.
• Memorandum to the CEO with findings and predictions.