General AgreementUnited States-Mexico [1941]

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  • resolution of disagreements ( in Mexico: World War II, 1941–45 )

    Even before Mexico entered the war, it supplied vital raw materials to the United States. Mexico and the United States in November 1941 signed a general agreement that resolved most of their outstanding quarrels. The old problem of U.S. agrarian claims was settled, a reciprocal-trade treaty was outlined, and the Mexican peso was stabilized and supported to maintain a constant dollar ratio. The...

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