Despite its close relationship with the richest country in the world, Mexico's economy has not grown faster than the American economy. Over the same period, the Chinese economy was able to grow much faster than both the US and Mexico. Which answer best explains Mexico's slower growth.
A)Mexico's corruption and weak financial sector make lending difficult.
B)American firms refuse to invest in Mexico.
C)Mexico has not yet received sufficient aid from rich countries for it to grow.
D)Mexico's GDP per capita was originally lower than China's making it harder for Mexico to encourage economic growth.
E)Mexico's people don't additional economic development to occur.

Question

Quizplus · Accepted Answer

Mexico's corruption and weak financial sector make lending difficult and deter foreign investment, which slows down economic growth.

Despite Its Close Relationship with the Richest Country in the World