roximity, modern infrastructure and industrious workforce. NAFTA is playing a key role in encouraging such partnerships. By reducing North American trade barriers, NAFTA is enabling firms which might otherwise manufacture in Asia to work with Mexican partners instead. The growth of business partnerships, along with Mexico's ongoing economic, legal, judicial and political reforms helps to explain Mexico's ability to attract long-term investment. However, the peso is currently in a tailspin against the dollar due mostly to currency speculators. If the Mexican government can stay with its current plans and programs with minor adjustment, the peso should rebound. The bottom line from Mexico is that its continued commitment to open markets and economic integration is paying off and will be reflected in the overall strengthening of the Mexican peso against the U.S. dollar in the long run. REFERENCES Banda, M., (1995, September 5). Economic, Political Crisis Shadows Zedillo's First National Address. Associated Press, Internet (WWW), http://www1.trib.com/NEWS/APwire.html. Briones, J., (1995, September 4). NAFTA's Broken Promises. Public Citizen Publication, p.10. Dean, D., (1995, September 20). Mexico Doing Right Things to Turn Itself Around. Houston Chronicle, Sec. A, p.29. Gabriel, S., Mount Holyoke College. Internet (WWW), Newsgroup: soc.culture.mexican. Marcos, Subcomandante Insurgente, (1995, August 30). Sub. Marcos Communique to the National Conference for Peace. La Jornada, Internet (WWW), Newsgroup: soc.culture.mexican. Word Count: 4510 ...
