Maquiladoras are production facilities located in northern and central Mexican states, where foreign-owned companies assemble, process, or manufacture goods using imported materials and components. These goods are then exported, mostly to the United States, and are exempt from tariffs and taxes. Maquiladoras are an important part of Mexico's economy and provide employment opportunities for many Mexican workers.

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Maquiladoras Are

Question 24

Multiple Choice

Maquiladoras are

A) exchange controls from central banks in Latin American countries.
B) production facilities in north-central Mexican states.
C) import-export agents of the Mexican government.
D) global marketing programs established in Latin American countries.
E) freight forwarders from Mexico.

Correct Answer: