Friday, January 29, 2010

Facts Behind Mexico


My second blog about Mexico will contain how their country's government is run and also some facts about their economy. To start off Mexico's government is run as a presidential republic, where the president is head of state and government. Mexico also has a government that is divided into branches like ours, legislative, judicial, and executive. The country is divided into 31 states and each have one Governor that is given executive authority to that state.

As for the economy. Mexico has one of the most open trade systems in the world, depending on massive amounts of trade with the U.S. which brought 82% of its exports in 2007 according to Travel Document Systems. In 1994 Mexico joined The North American Free Trade Agreement which opened many new American and Canadian markets. Mexico is highly dependent on two things in their country today. First off their country is one of the largest oil producers in the world and also have a large amount of tourists per year.

Friday, January 22, 2010

First Entry

My name is Megan and this is my first time blogging ever. I am here because I have been assigned a country to blog about for my Macroeconomics class. What I will be writing about will correlate with what we are discussing in class. The country I have chosen is Mexico. The reason I have chosen this country is because my family is from here. Also it will be interesting to learn about the way my families country is run and how they manage their economic difficulties as compared to America. Hopefully you will find it as interesting as I do!