Thursday, November 6, 2008
Rahul was very excited today in school, he had his favorite Geography class. Very much like his previous class, the geography teacher had brought in the Mexico map. Although he has heard about these terms while watching TV, she talked to the class about Imports and Export. She said export means "commodities (goods or services) sold to a foreign country." And import means. "to bring in (goods or materials) from a foreign country for trade or sale".
Rahul came to know that Mexico exports manufactured goods, oil and oil products, silver, fruits, vegetables, coffee, cotton". Whereas Mexico imports - metalworking machines, steel mill products, agricultural machinery, electrical equipment, car parts for assembly, repair parts for motor vehicles, aircraft, and aircraft parts. Rahul wondered if Mexico also imported lifts !
Rahul, later on googled and found out that major trading partners of mexico was: U.S., Canada, Spain, South Korea, Japan.