Economy

High Five

Written by ProfitGuide Staff

Mexico
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FAST FACTS

Population: 105 million

Annual GDP: US$637 billion
Growth, 3-year avg.: 2.4%
Forecast, 2004: 3.0%

Currency: Mexican peso
Value, March 2004: C$0.12
Value, March 2003: C$0.14

Major industries: Petroleum, textiles, clothing, motor vehicles, tourism

Capital: Mexico City
Official language: Spanish, spoken by 92% of the population
Other major languages: Various Mayan, Nahuatl, and other regional indigenous languages
Visa required?

SIGHTS FOR CEOs

Xochimilco

20 km south of Mexico City

The “place where flowers grow” is notable for its canals, upon which hundreds of garish gondolas ferry tourists back and forth. Smaller boats hawk tamales and beer, while others carry mariachi bands. The area is popular for picnics, meaning you’ll get a real taste of Mexico — not other tourists — when you go there. — SL

SPEAK FOR YOURSELF
Essential phrases for business travelers
(English / Spanish)

Hello. Do you speak English?

Hola. ¿Habla usted inglés?

Thank you.

Gracias.

No ice, please.

Sin hielo, por favor.

Originally appeared on PROFITguide.com