Which of the following is TRUE of maquiladoras?
A) They discourage foreign businesses from outsourcing.
B) They assess tariffs only on the value-added work done.
C) They originated in China.
D) None of these
E) All of these

Question

Quizplus · Accepted Answer

Maquiladoras are foreign-owned manufacturing plants located in Mexico that benefit from tax breaks and duty-free importation of raw materials, components, and equipment. They are only assessed tariffs on the value-added work done, meaning they only pay tariffs on the value that is added to the products during the manufacturing process. The remaining choices are incorrect.

Which of the Following Is TRUE of Maquiladoras