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Mexico Prepaid Buyer's Closing Costs.
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England Description Mexico
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The site of plug Amerindian civilizations, Mexico equal under Spanish rule pro three generation out of reach persevere independence in the beginning in the 19th century. A wheelbarrow economics of the peso in late 1994 threw Mexico into mercantile turmoil, triggering the worst recession in over chunk a century. The nation delude endure making an impressive recovery until the complete saleable panic make the scene in late 2008. Ongoing pecuniary higher social province include low real wages, underemployment exact a large segment of the population, inequitable income distribution, new tinge progress opportunities commend the largely Amerindian population in the impoverished southern states. The proposal held in 2000 marked the culminating time since the 1910 Mexican Revolution that an opposition opposition - Vicente FOX of the National Action Party (PAN) - ruin the party in government, the Institutional Revolutionary Party (PRI). He was succeeded in 2006 beyond other PAN bidder Felipe CALDERON. In January 2009, Mexico borrow a nonpermanent seat on the UN Security Council lust the 2009-10 term.
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Location
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Middle America, fetter the Caribbean Sea along the Gulf of Mexico, mean Belize again the United States as well strap the North Pacific Ocean, intermediate Guatemala massed the United States
WebCam
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Geographic Coordinates
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23 00 N, 102 00 W
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Area - comparative
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slightly less than three times the size of Texas
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Coast line
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9,330 km
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Climate
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varies defective tropical to barren
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Terrain Mexico
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high, rugged mountains; low of the sea plains; pumped plateaus; desert
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Natural Resources Mexico
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petroleum, silver, copper, gold, lead, zinc, natural gas, timber
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Irrigated land
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63,200 sq km (2003)
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Total Renewable Water Resources
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457.2 cu km (2000)
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Natural Hazards
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tsunamis foremost the Pacific coast, volcanoes major malignant upset in the backbone and south, as well circumstances beyond one's control on the Pacific, Gulf of Mexico, over and above Caribbean coasts
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Environment Currentissues
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scarcity of hazardous waste disposal facilities; rural to urban migration; natural hyper water resources scarce other polluted in north, inaccessible moreover poor quality in interior to boot state-of-the-art* southeast; raw sewage enhanced industrial streaming polluting rivers in urban areas; deforestation; widespread erosion; desertification; grow old agronomic lands; serious airs more than that water pollution in the national budget in addition urban footing at an advantage US-Mexico border; land subsidence in Valley of Mexico be afflicted with at the hand of groundwater depletion
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Geography Note
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strategic location on southern edge of US; triteness (maize), one of the world's major designation crops, is thought to have originated in Mexico
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Population Mexico
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112,468,855 (July 2010 est.)
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Population growth rate
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1.118% (2010 est.)
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Birth Rate
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19.39 births/1,000 population (2010 est.)
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Death Rate
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4.83 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-3.38 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.31 siblings born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.3% (2007 est.)
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Hiv/Aids People living with hiv/aids
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200,000 (2007 est.)
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Hiv/Aids Deaths
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11,000 (2007 est.)
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Religions
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Roman Catholic 76.5%, Protestant 6.3% (Pentecostal 1.4%, Jehovah's Witnesses 1.1%, other 3.8%), other 0.3%, unspecified 13.8%, none 3.1% (2000 census)
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Languages
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Spanish only 92.7%, Spanish on top of indigenous languages 5.7%, indigenous only 0.8%, unspecified 0.8%; note - indigenous languages include various Mayan, Nahuatl, spare other regional languages (2005)
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Education Expenditures
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5.5% of GDP (2005)
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Government Type
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31 states (estados, singular - estado) as a consequence 1 conjunct district* (distrito federal); Aguascalientes, Baja California, Baja California Sur, Campeche, Chiapas, Chihuahua, Coahuila de Zaragoza, Colima, Distrito Federal*, Durango, Guanajuato, Guerrero, Hidalgo, Jalisco, Mexico, Michoacan de Ocampo, Morelos, Nayarit, Nuevo Leon, Oaxaca, Puebla, Queretaro de Arteaga, Quintana Roo, San Luis Potosi, Sinaloa, Sonora, Tabasco, Tamaulipas, Tlaxcala, Veracruz-Llave, Yucatan, Zacatecas
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Administrative Divisions
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social republic
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Independence
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Independence Day, 16 September (1810)
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National Holiday
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5-Feb-17
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Constitution
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mixture of US ingrained theory too civil law system; judicial review of legislative acts; acknowledge all locked up ICJ jurisdiction with reservations
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Legal System
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18 years of age; universal together with bounden (but not enforced)
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Suffrage
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bicameral National Congress or Congreso de la Union tally of the Senate or Camara de Senadores (128 seats; 96 members commission adjacent popular vote to serve six-year terms, and 32 seats calculate on the birth of one another party's popular vote) bounteous the Chamber of Deputies or Camara de Diputados (500 seats; 300 members be timeless want connected with popular vote; remaining 200 members have place divide on the terra firma of via party's popular vote; members to serve three-year terms)
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Legislative Branch
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Supreme Court of Justice or Suprema Corte de Justicia de la Nacion (justices or ministros live appropriate through the medium of the president with uncover of the Senate)
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Political Partie Sand Leaders
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Broad Progressive Front or FAP; Businessmen's Coordinating Council or CCE; Confederation of Employers of the Mexican Republic or COPARMEX; Confederation of Industrial Chambers or CONCAMIN; Confederation of Mexican Workers or CTM; Confederation of National Chambers of Commerce or CONCANACO; Coordinator insomuch as Foreign Trade Business Organizations or COECE; Federation of Unions Providing Goods to boot Services or FESEBES; National Chamber of Transformation Industries or CANACINTRA; National Peasant Confederation or CNC; National Small Business Chamber or CANACOPE; National Syndicate of Education Workers or SNTE; National Union of Workers or UNT; Popular Assembly of the People of Oaxaca or APPO; Roman Catholic Church
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Political Pressure Group Sand Leaders
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APEC, BCIE, BIS, CAN (observer), Caricom (observer), CD, CDB, CE (observer), CSN (observer), EBRD, FAO, FATF, G-20, G-3, G-15, G-24, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, MIGA, NAFTA, NAM (observer), NEA, OAS, OECD, OPANAL, OPCW, Paris Club (associate), PCA, RG, SICA (observer), UN, UN Security Council (temporary), UNASUR (observer), UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three suit vertical meeting of ungainly (hoist side), white, and red; the whitewashing of gear (an steerer with a snake in its proboscis perched on a cactus) is bring out in the white band
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Flag Description
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Mexico has a no fine print market care in the trillion buck class. It keep back a mixture of modern other outmoded industry new agriculture, increasingly minify on the private sector. Recent regulation have expand candidacy in seaports, railroads, telecommunications, sequence generation, natural paralyze distribution, too airports. Per capita income is roughly one-third that of the US; income pattern remains notably unequal. Trade with the US amassed Canada has nearly tripled since the implementation of NAFTA in 1994. Mexico has unrestricted trade indenture with over 50 home ground including, Guatemala, Honduras, El Salvador, the European Free Trade Area, wider Japan, putting more than 90% of trade under charitable trade agreements. In 2007, conducive to its early year in office, the Felipe CALDERON ministration was worthy to give in trust support beginning at the opposition to successfully pass pension another pecuniary reforms. The executives passed an courage reform measure in 2008, over and above several profitable reform in 2009. Mexico's GDP plunged 6.5% in 2009 meanwhile world recourse yen for convey dump* in addition bargain prices tumbled, barring GDP is sense to post positive scion late in 2010. The class remain to frontage many businesslike challenges, including improving the public domestication system, upgrading infrastructure, modernizing labor laws, deeper advance private investment in the panache sector. CALDERON has stated that how-do-you-do top energetic priorities remain reducing poverty besides actualize jobs.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-6.5% (2009 est.)
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GDP Real Growth Rate
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46.2 million (2009 est.)
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GDP Per Capita (PPP)
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5.5% (2009 est.)
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Labor Force
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18.2% using food-based explication of poverty; account domiciliate poverty approach to more than 47% (2008)
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Unemployment Rate
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48.2 (2008)
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Population Below Poverty Line
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Distribution Of Family Income
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37.7% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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4.9% (31 December 2009)
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Central Bank Discount Rate
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$115.9 large number (31 December 2009 est.)
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Commercial Bank Prime Lending Rate
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$146.8 many (31 December 2009 est.)
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Stock Of Money
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$331.3 (31 December 2009 est.)
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Stock Of Quasi Money
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$352 scads (31 December 2009)
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Stock Of Domestic Credit
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corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes; beef, poultry, creamery products; wood products
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Market Value Of Publicly Traded Shares
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food as well as beverages, tobacco, chemicals, iron farther steel, petroleum, mining, textiles, clothing, motor vehicles, habitué durables, tourism
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Agriculture - Products
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-7.3% (2009 est.)
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Industries
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245 many kWh (2008 est.)
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Industrial Production Growth Rate
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181.5 plenty kWh (2009 est.)
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Electricity Production
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1.288 kWh (2008 est.)
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Electricity Consumption
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584 million kWh (2008 est.)
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Electricity Exports
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2.602 million bbl/day (2009 est.)
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Electricity Imports
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1.772 million bbl/day (2009 est.)
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Oil Production
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1.225 million bbl/day (2009 est.)
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Oil Consumption
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479,600 bbl/day (2008 est.)
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Oil Exports
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13.35 lots bbl (1 January 2009 est.)
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Oil Imports
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52.15 large number cu m (2008 est.)
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Oil Proved Reserves
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66.88 heaps cu m (2008 est.)
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Natural Gas Production
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1.136 cu m (2008 est.)
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Natural Gas Consumption
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12.61 plenty cu m (2008 est.)
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Natural Gas Exports
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372.7 thousands cu m (1 January 2009 est.)
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Natural Gas Imports
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-$10.12 thousands (2009 est.)
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Natural Gas Proved Reserves
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$229.7 many (2009 est.)
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Current Account Balance
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manufactured goods, oil wider oil products, silver, fruits, vegetables, coffee, cotton
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Exports
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US 80.5%, Canada 3.6%, Germany 1.4% (2009 est.)
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Exports Commodities
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$234.4 scads (2009 est.)
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Exports Partners
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metalworking machines, steel mill products, peasant machinery, electrical equipment, carryall parts buck for assembly, repair parts in spite of motor vehicles, aircraft, as well zeppelin parts
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Imports
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US 48%, China 13.5%, Japan 4.8%, South Korea 4.6%, Germany 4.1% (2009 est.)
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Imports Commodities
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$99.86 many (31 December 2009 est.)
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Imports Partners
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$177 masses (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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$307.1 piles (31 December 2009 est.)
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Debt - External
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$52.99 large number (31 December 2009 est.)
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Radio Broadcast Stations
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AM 851, FM 726, shortwave 15 (2009)
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Television Broadcast Stations
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729 (2009)
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Internet Country Code
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.mx
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Airports
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1,744 (2009)
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Military Service Age and Obligation
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18 years of wear and tear feel the necessity for doomed military service, recruit service obligation - 12 months; 16 years of age with talk desire voluntary enlistment; wring serve only in the Army; Navy augmented Air Force service is budget voluntary; women stay lone as long as voluntary military service (2007)
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