Mexico meets all the standards of an emerging market stock. An emerging market stock is a country in the process of rapid growth with lower capita income and less mature capital markets. (“emerging money”, 2012) It is progressing toward becoming more advanced, usually by means of rapid growth and industrialization.
One of the characteristic of an emerging market Mexico has is a strong economic growth rate. The main investors of the automotive manufacturing market are companies such as toyota, volkswagen, GM, ford, chrysler, honda, nissan and mazda. Global automakers have invested $13.3 billion to manufacture in Mexico. (“Automotive Manufacturing in Mexico”) To invest in this market the most important economic indicators are auto sales, the unemployment rate,consumer confidence and interest rates.
A banking system is a group or network of institutions that provide financial services for us. (Whiting,2018) An exchange rate is the value of one currency for the purpose of conversion to another.