Writing Assignment
The World Factbook
Mexico

Economy - overview:
Mexico is democratic country with a capitalistic economy or free market economy. It has plenty of natural resources and developing companies primarily own by the private sector it contains a combination of modern and outmoded industry and agriculture. Current management has increase competition in railroads, electricity generation, seaports, airports, natural gas distribution and telecommunication. The distribution of the income inside the country remains unstable. Regarding the free trade agreements, Mexico has with over fifty countries including Honduras, El Salvador, Guatemala, the European Free Trade Area, and Japan putting more than 90% of trade under free agreements. In July 2012 Mexico joined the pacific alliance with Chile, Peru and Colombia. The presidents Felipe Calderon productively pass pension and fiscal reforms in 2007. As the worlds demand for exports dropped Mexico’s GDP plunged 6.22% in 2009 asset prices dropped and so do remittances and investment. In 2010 the GDP growth was positive by 5.6% with exports, particularly by the United States, Leading the way. In 2011 growth slowed to 3.9% and recover to 4%. In 2012 Mexico’s legislature passed a labor reform which was signed into law by President Felipe Calderon by November. The new pact for Mexico was signed by the new president, Enrique Pena Nieto, along with the leaders of the country's three main political parties: the Institutional Revolutionary Party (PRI), the National Action Party (PAN) and the Party of the Democratic Revolution (PRD). This was an agreement that lists 95 priority commitments.
In Mexico there are two important departments the INEGI and the IGAE, the INEGI (instituto nacional de estadistica y geografia) is the National Institute of Statistics and Geography, and the IGAE (Indicador global de la actividad economica) is the global indicator of the economic activity. Also Mexico is a country with a wide variety of natural resources, such as: the rivers, lakes, forests, minerals, soil, oil, air and even the sun. People work to obtain, transform, or exchange the natural resources and use them to our advantage. We perform economic activities which belong to the primary, secondary or tertiary sectors. The activities of the three sectors are linked and divided into these three sectors.
The following graph shows how the Primary Activities are the main part of Mexico’s economy these are the activities that require the direct use of natural resources.

The INEGI reports that Global Indicator of Economic Activity ( IGAE ) recorded an advance of 0.54 % , with seasonally adjusted figures for February 2014 compared to the month prior. For large groups of activities, the seasonally adjusted series indicate that Primary Activities increased 6.36 %, 0.51 % Tertiary and High 0.28 % in the second month of this year compared to the month immediately above.
In its annual comparison, the IGAE grew 1.7 % in real terms during February 2014 compared to the same month of 2013. IGAE Inside, Primary Activities increased 11.8 % , 1.9 % and Tertiary Secondary did at 0.7 percent.
GLOBAL ECONOMIC ACTIVITY INDICATOR
FIGURES IN FEBRUARY 2014 * The INEGI reports that Global Industry Indicator Economic (IGAE 2) recorded an advance of 0.54 %, with seasonally adjusted, compared to February 2014 the previous month.. * For large groups of activities, the adjusted series said the seasonally Activities 6.36 % Primary, Tertiary rose 0.51 % Elementary and 0.28 % in the second month of this year compared to the previous month. * In the annual comparison, grew 1.7 % in IGAE real terms in 2014 compared to February same month of 2013. IGAE Inside, Activities Elementary increased 11.8 % , 1.9 % Tertiary and Schools did at 0.7 percent. The National Institute of Statistics and Geography reports, based on figures seasonally adjusted, the Global Indicator of Economic Activity (IGAE) observed a rise of 0.54 % during the second month of 2014 compared to the month immediately preceding.
To compare, Mexico’s income per capita income is roughly one-third that of the US; Since the implementation of the North American Free Trade Agreement (NAFTA) in 1994, Mexico's share of US imports has increased from 7% to 12%, and its share of Canadian imports has doubled to 5.5%.

Woks Cited
“Global Indicator of Economic Activity”, National Institute of statistics and geography, Press release No 160/14, Web. 25 April 2014.
URL http://www.inegi.org.mx/inegi/contenidos/espanol/prensa/comunicados/igaebol.pdf http://www3.inegi.org.mx/sistemas/temas/default.aspx?s=est&c=23824
“Mexico and the IMF” International Monetary Funds, 10April 2014 web. 28 April 2014
URL http://www.imf.org/external/country/MEX/