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A 3 January 2007 article in the International Herald Tribune reported that price controls were causing shortages of materials used in the construction industry. [60] In 2008, cement production was largely nationalised, with Venezuelan-located plants belonging to Mexico's Cemex, Switzerland's Holcim, and France's Lafarge being bought by the ...
This price control came in the form of a "Tortilla Price Stabilization Pact" between the government and many of the main tortilla producing companies, including Grupo Maseca and Bimbo, to put a price ceiling at MXN 8.50 per kilogram of tortilla. [6] The idea of the agreement is that having these producers ceiling their prices would incentive ...
Price controls. Price controls are restrictions set in place and enforced by governments, on the prices that can be charged for goods and services in a market. The intent behind implementing such controls can stem from the desire to maintain affordability of goods even during shortages, and to slow inflation, or, alternatively, to ensure a ...
Although silver mining brought many Spaniards to Mexico and silver was the largest single export from New Spain, agriculture was extremely important.There were far more people working in agriculture, not only producing subsistence crops for individual households and small-scale producers for local markets, but also commercial agriculture on large estates to supply Spanish cities.
Sep. 4—The New Mexico State Fair begins Thursday and continues through Sept. 15 at Expo New Mexico in Albuquerque. Here are five things you should know before you visit. 1) On opening day ...
A study published in fall 2019 in the Journal of Economic Perspectives found that by December 2018, Trump's tariffs resulted in a reduction in aggregate U.S. real income of $1.4 billion per month in deadweight losses, and cost U.S. consumers an additional $3.2 billion per month in added tax. [ 24 ]
Hass is the leading avocado cultivar in Mexico. Mexican avocado production is concentrated in Michoacán state in west central Mexico. Accounting for 92% of the country's production of the crop, Michoacán leads the world in avocado production, with approximately 106,000 hectares (260,000 acres). [13] The yield reported from Michoacán is 4 ...
Website. www.gob.mx /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 ...