Search results
Results from the WOW.Com Content Network
President Calderón opted for using price ceilings for tortillas that protect local producers of corn. 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]
Historically, price controls have often been imposed as part of a larger incomes policy package also employing wage controls and other regulatory elements. Although price controls are routinely used by governments, Western economists generally agree that consumer price controls do not accomplish what they intend to in market economies , and ...
Mexico's monetary policy was revised following the 1994–95 financial crisis, when officials decided that maintaining general price stability was the best way to contribute to the sustained growth of employment and economic activity. As a result, Banco de México has as its primary objective maintaining stability in the purchasing power of the ...
Bank of Mexico board member Jonathan Heath on Tuesday cautioned on implementing price controls to tackle inflation, saying the measures only work in the short term. "My personal opinion is that ...
The president-elect has said he plans to slap a 25% levy on all goods entering the US from Mexico and Canada. Costco executive warns of price hikes because of Trump tariffs: ‘When it rains, it ...
The Bank of Mexico (Spanish: Banco de México), abbreviated BdeM or Banxico, is Mexico's central bank, monetary authority and lender of last resort.The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency.
President-elect Donald Trump promised Monday that one of his first acts as commander in chief will be to impose a sweeping 25% tariff on all products imported from Canada and Mexico.
Average tariff rates for selected countries (1913-2007) Tariff rates in Japan (1870–1960) Average tariff rates in Spain and Italy (1860-1910) Average tariff rates (France, UK, US) Average tariff rates in US (1821–2016) U.S. trade balance and trade policies (1895–2015) Average tariff rates on manufactured products Average levels of duties (1875 and 1913) Trade policy, exports and growth ...