Mexico Agricultural Equipment

Mexico Agricultural Equipment - Introduce the presentation...

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Mexico Agricultural Equipment International Business INB/205 July 05, 2009
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Market: Basic Need Agriculture Important to Mexico Farm Machinery Needed for Economy Farm Machinery Established Import
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Market: Agriculture Market GDP 1.559 Trillion PPP $14,200 Agriculture Accounts for 3.7% of GDP
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Market: FDI & FDI Confidence FDI (at home) $278.9 Billion FDI (abroad) $43.01 Billion FDI Confidence 1.080
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Corruption Perception Index Scores a 3.5 Compares with Other Developing Nations Matches India and China
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Import Restrictions NAFTA - No Trade Restrictions Used Machinery May be Banned
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Price Controls Mexico Does Not Significantly Compete No Price Controls
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Government and Public Attitude Towards Buying American Products Government Attitude Public Tensions Focus Not on Farm Machinery
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FDI vs. International Trade Leverage Best of Both Scenarios U.S. Based Manufacturing Mexico Based Marketing and Service
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Global Strategic Planning Process Multi-Domestic or Global Strategy Product Promotion Personnel
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Marketing Leverage Local Talent Appeal to Large Institutional Clients Loss Leader
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Service Train Local Mechanics Additional Revenue Stream Offset the Equipment Used
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Equipment Modification Less Wealth in Mexico Lower-End equipment Use Older Designs
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Export Management Company Save Money Hiring Outside Vendor Leverage Strengths Save Money
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Foreign Exchange Mexican Peso vs. US Dollar Forward Hedge for Purchases Quick Conversion for Service
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This note was uploaded on 04/19/2010 for the course N/A INB 205 taught by Professor N/a during the Summer '08 term at University of Phoenix.

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Mexico Agricultural Equipment - Introduce the presentation...

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