2) Mexico – GDP: $1.288 Trillion
Mexico is an upper middle-income nation. The nation produces the most automobiles of any North American nation. In spite of its macroeconomic stability, enormous gaps remain between the rich and the poor. The infrastructure needs to be upgraded.
1) Brazil – GDP: $2.215 Trillion
Brazil is the largest economy in Latin America and the seventh largest in the world. It is rich in natural resources. It is a member of the BRIC group. It is one of the fastest growing major economies in the world. The nation has a mixed economy. Agriculture, mining, manufacturing and service sectors are the major contributors to the nation’s GDP. The nation has been expanding its presence in international financial and commodities markets. Brazil has been world’s largest producer of coffee for the last 150 years.
The above-mentioned nations have great potential for growth.
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