Paper Writing Services economy. Cons consist of their changing legal environment, lack of spending witn their domestic market culture, and weak intellectual property protection (Nordea,

Repond in  175 minnimum  to the below argument, donot summarize Pros of business in Mexico include an open economic environment with a majority of imports tariff free. Geograpcally, Mexico’s proximity to the US and their free trade agreements established with over 40 countries present attractive advantages to firms (Peng, 2015). Mexico has relatively low wage levels in exchange for skilled labor. Cons of business in Mexico include the gh risk of corruption and crime with drug and gang violence, and their dependence on the US market making them vulnerable to economic changes (Nordea, 2019). The pros of business in Cna include its close proximity to emerging Asian markets, along with the largest domestic market in the world. They also have extremely low labor costs (half that of Mexico) and an open market economy. Cons consist of their changing legal environment, lack of spending witn their domestic market culture, and weak intellectual property protection (Nordea, 2019). Wle Cna may offer lower labor costs, companies must consider all elements that impact a product and successful operations. Spping costs and times must be considered and compared to criticality of order timeline, along with ease of communication and volatility of the product line (Smith, 2006). References Nordea. (2019). Retrieved from https://www.nordeatrade.com/en/explore-new-market/cna/investment Nordea. (2019). Retrieved from https://www.nordeatrade.com/en/explore-new-market/mexico/investment Peng, M. (2015). Boston: Cengage Learning Smith, J. (2006, July 6). [Word document]. Retrieved from https://nu.blackboard.com