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Tortilla Price Stabilization Pact
The Tortilla Price Stabilization Pact was an agreement between the Mexican Federal Government, headed by President Felipe Calderón, and several tortilla producing companies in Mexico to limit the volatility of price in tortillas in early 2007. Background Production of corn in the United States has long been subsidised. As a result, US producers regularly produced abundant surpluses which they exported abroad, including Mexico, keeping corn prices, and thus tortilla prices, there stable. However, this had the effect of significantly depressing Mexican corn production, as domestic producers could not compete with cheap imported corn. Starting in the early 2000s, US farmers increasingly began to use corn to produce biofuel rather than for human consumption, causing a rapid increase in the price of corn. The international price of corn (maize) had been rising dramatically throughout 2006, leading to the inflation of tortilla prices in the first month of Calderón's term. Because ...
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Mexico
Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Mexico covers ,Mexico
''''. .
making it the world's 13th-largest country by are ...
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PROFECO
The Procuraduría Federal del Consumidor, or Office of the Federal Prosecutor for the Consumer (PROFECO, for short), is an organization of the Mexican government led by on the Attorney General. Mexico became the second Latin American nation to pass a Federal Consumer Protection Law, on February 5, 1976, and later became the first to create an Office for the Prosecutor. By 1982, the Office had 32 representations, one in each state and one in the Federal District. PROFECO has in total 51 offices all over the republic, and its main office is in Mexico City. The most recent reform of this federal law was signed by the Mexican president Enrique Peña Nieto at the beginning of 2018.PROFECO works together with other organizations like CPSC (U.S. Consumer Product Safety Commission) from the United States. and Health Canada from Canada to guarantee that imported products are safe for consumers. In February 2018, the representatives of these three organizations met in the U.S. to sign a memo ...
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Greater Mexico City
Greater Mexico City refers to the conurbation around Mexico City, officially called Metropolitan Area of the Valley of Mexico ( es, Zona metropolitana del Valle de México). It encompasses Mexico City itself and 60 adjacent municipalities of the State of Mexico and Hidalgo. Mexico City's metropolitan area is the economic, political, and cultural hub of Mexico. In recent years it has reduced its relative importance in domestic manufacturing, but has kept its dominant role in the country’s economy thanks to an expansion of its tertiary activities. The area is also one of the powerhouse regions of Latin America, generating approximately $200 billion in GDP growth or 10 percent of the regional total. , 21,804,515 people lived in Greater Mexico City, making it the largest metropolitan area in North America. Covering an area of , it is surrounded by thin strips of highlands separating it from other adjacent metropolitan areas, together with which it makes up the Mexico City megalopo ...
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Tonne
The tonne ( or ; symbol: t) is a unit of mass equal to 1000  kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton to distinguish it from the non-metric units of the short ton ( United States customary units), and the long ton ( British imperial units). It is equivalent to approximately 2204.6 pounds, 1.102 short tons, and 0.984 long tons. The official SI unit is the megagram (symbol: Mg), a less common way to express the same mass. Symbol and abbreviations The BIPM symbol for the tonne is t, adopted at the same time as the unit in 1879.Table 6
. BIPM. Retrieved on 2011-07-10.
Its use is also official for the metric ton in the United States, having been adopted by the United States

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Nuevo Laredo
Nuevo Laredo () is a city in the Municipality of Nuevo Laredo in the Mexican state of Tamaulipas. The city lies on the banks of the Rio Grande, across from Laredo, United States. The 2010 census population of the city was 373,725. Nuevo Laredo is part of the Laredo-Nuevo Laredo Metropolitan Area with a population of 636,516. The municipality has an area of . Both the city and the municipality rank as the third largest in the state. The city is connected to Laredo, United States by three international bridges and a rail bridge. The city is larger and younger than its US counterpart. As an indication of its economic importance, one of Mexico's ''banderas monumentales'' is in the city (these ''banderas'' have been established in state capitals and cities of significance). History Nuevo Laredo was part of the territory of the original settlement of Laredo (now in Texas) which was founded in 1755 by the Spaniard Don Tomás Sánchez in the northern part of the Rio Grande. The ...
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Ciudad Victoria
Ciudad Victoria () is the seat of the Municipality of Victoria, and the capital of the Mexican state of Tamaulipas. It is located in the northeast of Mexico at the foot of the Sierra Madre Oriental. It borders the municipality of Güémez to the north, Llera to the south, Casas Municipality to the east, and the municipality of Jaumave to the west. The city is located from Monterrey and from the US - Mexico border. Ciudad Victoria is named after the first president of Mexico, Guadalupe Victoria. In 1825 Ciudad Victoria became the state capital. It is home to higher education institutions such as the Autonomous University of Tamaulipas and the Technological Institute of Ciudad Victoria. General Pedro José Méndez International Airport is located on the outskirts of the city. As a state bureaucratic centre, it is the seat of the three political powers and has sites of tourist and cultural interest. Pre-foundation The Viceroy of New Spain, Juan Francisco Güémez and ...
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Morelia
Morelia (; from 1545 to 1828 known as Valladolid) is a city and municipal seat of the municipality of Morelia in the north-central part of the state of Michoacán in central Mexico. The city is in the Guayangareo Valley and is the capital and largest city of the state. The main pre-Hispanic cultures here were the Purépecha and the Matlatzinca, but no major cities were founded in the valley during this time. The Spanish took control of the area in the 1520s. The Spanish under Viceroy Antonio de Mendoza founded a settlement here in 1541 with the name of Valladolid, which became rival to the nearby city of Pátzcuaro for dominance in Michoacán. In 1580, this rivalry ended in Valladolid's favor and it became the capital of the viceregal province. After the Mexican War of Independence, the city was renamed Morelia in honor of José María Morelos, who hailed from the city. In 1991, the city was declared a UNESCO World Heritage Site for its well-preserved historical buildings and layo ...
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Tijuana
Tijuana ( ,"Tijuana"
(US) and
), known also by the initials T.J., is a city and municipal seat of , , located on the . It is part of the San Diego-Tijuana metro area and the larger
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Secretary Of Economy (Mexico)
In Mexico, the Secretariat of Economy ( Spanish: ''Secretaría de Economía''; abbreviated "SE") is the government department in charge of matters related to the economy. The Secretary of Economy is a member of the federal executive cabinet appointed by the President of the Republic. Until 2000 the name of the Secretariat of Economy was the ''Secretariat for Commerce and Industry'' ''(Secofi)'' but that name was changed when Vicente Fox acceded to the Presidency. Secretaries of Economy *Bruno Ferrari García de Alba, until November 30, 2012. * Idelfonso Guajardo, December 1, 2012-December 31, 2017. *Graciela Márquez Colín, January 1, 2018-January 4, 2020. *Tatiana Clouthier, January 5, 2021–October 7, 2022. *Raquel Buenrostro Sánchez, October 7, 2022. References External linksSE website Economy * Economy An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain tha ...
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Grupo Reforma
Grupo Reforma is the largest printed media company in Mexico and Latin America. It publishes ten daily newspapers in five cities, including the leading newspapers in Mexico's three largest cities: ''Reforma'' in Mexico City, '' El Norte'' in Monterrey and ''Mural'' in Guadalajara. It also publishes the daily ''Metro'' in Mexico City, Monterrey, Guadalajara, Puebla and Toluca, and the afternoon tabloid ''El Sol'' in Monterrey. The average daily circulation of all these papers is 1.4 million copies. The group also owns the largest content-intensive web sites in Mexico: reforma.com, elnorte.com, and mural.com. It owns the largest newswire service with Mexican information, Agencia Reforma. It publishes city specific editions of ''Metro'', a prominent tabloid in the country. ''Cancha'', a tabloid with Mexican sports and entertainment news, is published biweekly in Las Vegas in partnership with ''The Las Vegas Review-Journal''. Grupo Reforma also has strategic alliances with leading U ...
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Economic Liberalism
Economic liberalism is a political and economic ideology that supports a market economy based on individualism and private property in the means of production. Adam Smith is considered one of the primary initial writers on economic liberalism, and his writing is generally regarded as representing the economic expression of 19th-century liberalism up until the Great Depression and rise of Keynesianism in the 20th century. Historically, economic liberalism arose in response to feudalism and mercantilism. Economic liberalism is associated with markets and private ownership of capital assets. Economic liberals tend to oppose government intervention and protectionism in the market economy when it inhibits free trade and competition, but tend to support government intervention where it protects property rights, opens new markets or funds market growth, and resolves market failures. An economy that is managed according to these precepts may be described as a liberal economy or oper ...
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