Walmart de Mexico
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Title: Walmart de Mexico

Essay Details:

Subject: Business
Author: Gerald J
Date: August 22, 2010
Level:
Grade: A
Length: 5 / 1464

Essay text:

Which raises one question that needs to be answered: What has caused this intense competitive pressure on Comerci, and what is likely to be its future? Mexico's retail sector has benefited greatly from the increasing trade liberalizing the government has been pushing. After decades of protectionism, Mexico joined GATT in 1986 to help open its economy to new markets. In 1990, with Mexico's economy on the upswing and additional free trade negotiations with United States and Canada taking place, the founder of Wal-Mart, Sam Walton, met with the president of Cifra, Mexico's leading retail store. Their meeting resulted in a 50/50 joint venture in the opening of Mexico's first Sam's Clubs, a subsidiary of Wal-Mart, in 1991 in Mexico City...

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