What are the trade barriers that Mattel toy company might encounter in expanding to Mexico?

1. Tariffs: Mexico imposes tariffs on imported toys, which can increase the cost of Mattel's products and make them less competitive in the Mexican market.

2. Import quotas: Mexico also has import quotas on certain types of toys, which can limit the number of toys Mattel can import into the country.

3. Technical regulations: Mexico has technical regulations for toys, which can require Mattel to modify its products to meet Mexican standards. These regulations can be complex and time-consuming to comply with, and can increase the cost of doing business in Mexico.

4. Sanitary and phytosanitary measures: Mexico has sanitary and phytosanitary measures for toys, which can require Mattel to take steps to ensure that its products are safe and free from pests and diseases. These measures can be complex and time-consuming to comply with, and can increase the cost of doing business in Mexico.

5. Lack of infrastructure: Mexico may lack the necessary infrastructure, such as transportation and storage facilities, to support Mattel's operations. This can increase the cost of doing business in Mexico and make it difficult for Mattel to reach its target market.

6. Corruption: Corruption is a significant problem in Mexico, which can increase the cost of doing business and make it difficult to navigate the regulatory environment.

7. Economic instability: Mexico's economy is subject to fluctuations, which can make it difficult for Mattel to plan its operations and manage its finances.