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Peso Devaluation has Mixed Impact on Trade Disputes with Partners

ISSN:1054-8890
LADB Article ID: 56139
Category/Department: Mexico
Date: 1995-04-26
By: LADB Staff

One of the most significant impacts of the peso devaluation has been the reversal of Mexico's trade balance from a deficit to a surplus. According to preliminary government estimates, Mexico attained a trade surplus of U$380 million in March, compared with a deficit of US$1.3 billion during the same month last year. The reversal of the trade deficit, however, has shed a different light on Mexico's trade disputes with the US and other countries, regardless of whether the disputes are directly related to the devaluation.

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