What would you say is the biggest influence on Mexico's economy?

I would go on google and type:

Economy of Mexico wikipedia

Wikipedia helps a lot!

hope this helps :)

yeah thanks! ☺ ♥dino♥

Your welcome :)!!!!

The biggest influence on Mexico's economy can be attributed to various factors. However, one of the major influences is its close economic ties with the United States. To determine this, you can gather information and analyze the following aspects:

1. Trade relations: Mexico is heavily reliant on trade with the United States, with a significant portion of its exports going to its northern neighbor. Analyzing Mexico's trade data, such as the value and volume of exports and imports with the United States, can provide insights into the economic interdependence between the two countries.

2. Remittances: Another significant influence on Mexico's economy is remittances sent by Mexican immigrants living in the United States. By examining the flow of remittances and their impact on Mexico's GDP, you can gain an understanding of how this financial support shapes the country's economy.

3. Investment: The United States is also a major source of foreign direct investment (FDI) in Mexico. Analyzing data on the inflow of foreign investment from the United States and examining the sectors and industries that receive the most investment can provide insights into the influence of U.S. capital on Mexico's economic development.

4. Economic policies: Studying the trade agreements, policies, and negotiations between Mexico and the United States can shed light on the economic decisions made by both countries that impact Mexico's economy. This could involve analyzing NAFTA (North American Free Trade Agreement) or the USMCA (United States-Mexico-Canada Agreement) to understand how these agreements influence trade patterns and economic growth.

By analyzing these factors and conducting a comprehensive study, you can determine and explain the significant influence of the United States on Mexico's economy.