IV. Advantages and Disadvantages of Doing Business in Mexico Mexico is the partner of the United States, but unlike the United States, it is an underdeveloped country and faces many problems (Doing Business in Mexico, 2013). From the entrepreneur's perspective: Advantage: Mexico has solid macro-economic environment, a convenient free trade network and a competitive workforce (Doing Business in Mexico, 2011). Low labor costs have long been one of Mexico's major advantages (The Pros and Cons of Doing Business in Mexico, 2014). Mexico has a young, skilled and experienced workforce for foreign companies, which will help reduce labor costs and increase overall competitiveness (The Pros and Cons of Doing Business in Mexico, 2014). Mexico is one of the WTО members with free trade agreements ( Mexico Country Summary, 2012). Mexico has signed a free trade agreement with 44 countries and regions of the world and occupies 40% of the total trade volume in the Americas (Mexico country brief, 2013). Advantage of importing: If foreign companies do business in Mexico, they can import products from third countries with very low interest rates (Mexico country brief, 2013). Mexico is reduced to restrictions on foreign investment (Advantages of Doing Business in Mexico, 2014). . Foreign companies, rights and interests of the company: profits, dividends, interest and capital are freely remitted (The advantages of doing business in Mexico, 2014). The Mexican peso is freely convertible into all other currencies and there are no restrictions on the remittance of profits abroad or the repatriation of capital (Doing the business in Mexico, 2011). Foreign companies in Mexico, any legitimate bank opened, checking accounts and savings accounts, accounts the minimum set by the bank... mid-paper... ca (Mexico Background Information, 2014). Mexican austerity by the fact of inflating, adjusting the structure of the setting and expressing the changes and stimulating private investment, expanding the expansion of a series and a series of ecologies opment plans, so the Mexican economy gradually stabilized , began to emerge from the recession and crisis situation, trend towards recovery and growth (Central Intelligence Agency, 2014). By adopting an open trade policy, they encourage the export of domestic products, loosen import restrictions, significantly grow foreign trade (Central Intelligence Agency, 2014). However, cultures also have some influence on the economy (BBC, 2012). Doing Business in Mexico® is a good choice (Doing Business in Mexico , 2011).