Mexico has free trade agreements, or tratados de libre comercio, with 44 countries, making it a convenient export base for automakers. In fact, eighty percent of the cars, or in Spanish carros, built in Mexico are shipped to other countries. Mexico is one of the only countries in the world where you can export duty-free to North America, South America, Europe and Japan, thanks to the numerous free-trade agreements that have been established over the years to support the industry’s growth.
El tratado de libre comercio se firmó este año – The free trade agreement was signed this year.
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