Amount of Mexican exports to the US in dollars. Amount of US exports to Mexico in dollars . Assign each student a different state for which they should locate the changes in US export totals to Mexico in US dollars between 1993 and 1998. Ask members of the group to share their findings and answer the questions. This increase in trade has led to more jobs.
Wages increase, more technical skills required and better educated labor force .
US citizens would probably pay higher prices on some products if Mexican imports were reduced since there would be a reduction in competition . Since the United States is a developed economy the impact on the US would be less. However there may be certain geographic regions that are impacted to a greater degree. The data suggested these states would most likely be in the Southwest US along with industrial states in the Midwest. Although both countries gain, there will be some businesses that may be hurt by increased competition in both countries.