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Activity 3: Magazine of economy in Latin America COVID-19

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Activity 3: Magazine of economy in Latin America COVID-19

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CONSTANZA TELLEZ

How COVID19 affected the economy of Mexico

19/May/2020

Teachers name: Kimberly WintersSubject: Language ArtsTrimester 39b

INDEX

03.Local jobs

04. Stock markets

02. Imports

08. Apa resources

05. Prices of the basketeconomy

01. Exports

06. Companies most affected

07. Graphs

01.Exports

Exports that were affected from Mexico to other countries

Manufacturing companies in Mexico have breached 31.4% of their production delivery contracts as a consequence of the coronavirus pandemic ,44% of companies have not received contributions from affected countries, including China, where the pandemic originated. Companies also have to deal with the workforce since employees do not show up for fear of getting covid-19

It has affected exports like spare parts for automobiles, electrical spare parts, television screens, petroelum and among others, but these are the most outstanding.

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Justificación del estudioAquí debes resaltar la oportunidad del tema elegido para tu trabajo y los motivos por los que decidiste investigar esta temática.¿Qué aporta? ¿Qué problema resuelve?¿Por qué es importante realizar la investigación?¿Permite el trabajo construir o validar teorías y/o técnicas de investigación?¿Aporta un nuevo enfoque de utilidad para otros académicos?¿Aclara las causas y consecuencias de un fenómeno de interés?¿Es útil para la Administración Pública y/o empresas?

02.Imports

What imports had have an affect on the economy?

Thanks to the COVID-19, Chinese imports into Mexico have suffered one of its worst falls, the global economy is suffering an abrupt slowdown due to government isolation strategies to prevent the spread of the disease and because of this, purchases made from China had a decreased of 83.2%, since in February 2019 a total of one million 541 thousand 011 merchandise entered, while in these months of this year they only totaled 257 thousand 956.

The main imports from Mexico are: Gasoline 10.24% Automobiles 9.42% Digital monolithic integrated circuits 8.94% Monolithic integrated circuits other than digital 6.84%

Today, imports from Mexico cannot be as they were before, since the percentage of imports decreases due to the pandemic.

o3. local jobs

Why they closed?

The locals have closed due to the covid-19 pandemic since in one place there cannot be more than 50 people and having open locals is very risky for them, so they closed, but because of this thousands of people lost their jobs since the bosses were not going to be able to pay them since they also had to cover other expenses and they were no longer going to see profits so it was impossible to pay them all.

04.stock markets

COMPANIES THAT HAD STOCK MARKET LOST

Low because worldwide the price of oil depressed from being at levels of 70 to 80 dollars per barrel, now it is between 21 and 24 dollars per barrel, so gasoline is cheaper today. Gasoline is a derivative of petroleum, so the price is subject to the variation of oil worldwide.

Companies like Apple, Microsoft, Amazon and Alphabet have lost a combined $ 1.3 trillion in value since the market peaked.companies like Apple, Microsoft, Amazon and Alphabet have lost a combined $ 1.3 trillion in value since the market peaked.

Price gasoline low why?

The price of the mexican peso and dolar during the months

date

value

A graphic of the the decreased of the stock markets:

05.prices of the basket economy

The prices of the food go up, why?

Prices during quarantine in: onion, chili, potato, orange, lemon, avocado, among other essential products that have significantly increased their prices since there is not as much production of these foods, they have to raise their prices as well as people have decreased their exit to the market, they increase the price to try not to lose profits.

59.09%

40%

20.83%

ONION

CHILLI

POTATO

ORANGE

LEMON

20%

25%

PORCENTAGES OF THE INCREASE

06.companies most affected

Do you know that many companies are affected by the covid-19?

The companies that have been affected have been restaurants, cinemas, shopping malls, tourism, schools,gyms, hotels, airlines and the selling of alcohol. What most impacts is that the price of diesel fuel is low because the international price of the gas is low so they can't have high prices.Which many people today are happy with the prices of gasoline since it is now at 16.80 normal gasoline and premium gasoline at 18.19.

extra

Cases of covid-19 in mexico today in day

EXTRA

OPINION

In my opinion this is an issue that is truly affecting Mexico as well as other countries in the world, it is impressive how life can change you in days, not being able to go out, see your friends, go to school and not be able to seeing your relatives who live far away really breaks my soul that an illness caused all this, but soon we will get out of this but of course the world will not be the same again.

We will go out of this all together!

COVID-19 slows down Mexican manufacturers' exports. (2020, March 25). Retrieved May 19, 2020, from https://mexico-now.com/covid-19-slows-down-mexican-manufacturers-exports/

IPC Mexico Stock Market. (n.d.). Retrieved May 19, 2020, from https://tradingeconomics.com/mexico/stock-market

"Mexico's Top 10 Imports." Http://Www.worldstopexports.com/Mexicos-Top-10-Imports/, 9 May 2020, www.worldstopexports.com/mexicos-top-10-imports/.

APA references

"Mexico's Top 10 Exports." Mexico's Top 10 Exports, 9 May 2020, www.worldstopexports.com/mexicos-top-exports/.

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COVD-19 by Constanza Isabelle Téllez Castañón on Genially

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CONSTANZA TELLEZ How COVID19 affected the economy of Mexico 19/May/2020 Teachers name: Kimberly WintersSubject: Language ArtsTrimester 39b INDEX 03.Local jobs 04. Stock markets 02. Imports 08. Apa resources 05. Prices of the basketeconomy 01. Exports 06. Companies most affected 07.