51. The surprise drop in local costs should also boost Mexican exports, whose growth under NAFTA did not match that of its imports from the United States. 52. With a weakened peso making Mexican exports attractive, most of the new manufacturing has been bound for markets abroad. 53. Zedillo predicted the peso would remain at levels that would promote Mexican exports. 54. An offshoot of the peso devaluation could be a decreased demand for imports due to their rising cost as well as lower costs for Mexican exports. 55. Zedillo said he favored increasing bilateral ties with Hungary which have been boosted in recent years through Mexican exports to the Eastern European nation. 56. It also should make Mexican exports boom. 57. Serra had hoped slight devaluation would help boost Mexican exports. |