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How did Mexico's GDP growth compare with that of Brazil and Chile after NAFTA?
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North American Free Trade Agreement
(From left) Mexican Pres. Carlos Salinas de Gortari, U.S. Pres. George H.W. Bush, and Canadian Prime Minister Brian Mulroney meeting to initial the North American Free Trade Agreement in San Antonio, Texas, October 7, 1992.
Following the implementation of the North American Free Trade Agreement (NAFTA) in 1994, Mexico's economic performance was mixed. While the country saw a dramatic increase in exports, its overall gross domestic product (GDP) growth during the post-NAFTA period was not considered impressive.1
When compared to other Latin American nations, Mexico’s GDP growth rate was lower than that of Brazil and Chile. Additionally, Mexico's growth in income per person was not significant during these years, although the country did experience an expansion of its middle class.1