Mexico's Economic Development and Its Status in the World Economy. Mexico is classified as an upper-middle-income economy by the World Bank, and though it is a member of NAFTA, it is still marked with the indelible scar of a developing economy. So, while some successes have seemingly been made, evidenced most prominently by Mexico's participation in NAFTA, there is still a long way to go. This paper will illustrate this sketchy pattern of Mexico's development. 10 pgs. 18 f/c. 4b. Pages: 10 Bibliography: 4 source(s) listed Filename: 2686 Mexico Economic Development.doc Price: 89.50