The term maquiladora is synonymous with
A) preferential trade zones in Mexico that are located along the U.S. - Mexico border.
B) Chinese forced labour camps.
C) home-based or cottage industry.
D) areas that do not meet U.S. standards for workplace safety and pollution.
E) taxes charged by the Mexican government.

Question

Quizplus · Accepted Answer

The term maquiladora refers to manufacturing plants in Mexico that operate under preferential trade agreements with foreign countries, mainly the United States. These plants are located along the U.S.-Mexico border and special tax and tariff arrangements allow them to import raw materials and equipment duty-free. The finished goods are then exported back to the country of origin.

The Term Maquiladora Is Synonymous with