1. Mexican Economy
... should be able to be a very competitive product down in Mexico but that will all be based on our financial viability. The financial viability will be based on several factors such as currency translation, tariffs and import duties, and profit margin. Our financial viability should be good because of these ... three factors. First, the currency translation of the Mexican peso to the U.S. dollar is not as equal ... for the past two years or so. The currency translation chart they give in the book lists the peso as having a value of 9.65 per U.S. dollar dated as of November 8, 2002. In the...
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