Re: Lecture on Peso Devaluation (UT-Austin)

i586bi6m@umiami.ir.miami.edu
Fri, 3 Mar 1995 16:36:46 -0600

No, it is not an implication of Mexico being a US state but rather simple
recognition of the degree to which our two economies are intertwined.
Mexico is our second largest trading partner (after Canada) and any
adverse fall in Mexico's economy will directly affect ours as well.

Robert Harding
University of Miami

On Fri, 3 Mar 1995, Gerardo Otero wrote:

> >From: cmbg@ccwf.cc.utexas.edu (Cynthia Bock-Goodner)
> >To: Multiple recipients of list <lasnet@mcfeeley.cc.utexas.edu>
> >Subject: Lecture on Peso Devaluation (UT-Austin)
> >
> >The sharp depreciation of the peso will affect Mexico's imports from the
> >United States, and Texas exports more goods and services to Mexico that any
> >other U.S. state. In an attempt to help Mexico shore up its economy, the
> >United States and international institutions have agreed to lend Mexico $50
> >billion to stabilize its currency.
> >
>
> In this public lecture announcement, there is the implication that Mexico is
> another U.S. state. This is just to clarify that it is not a U.S. state, at
> least not yet. :-)
>
> Gerardo Otero
> Simon Fraser University
>
>