Members of ________ benefitted the most from the maquiladora program.
A)NAFTA
B)EFTA
C)EU
D)MERCOSUR

Question

Quizplus · Accepted Answer

The maquiladora program was established in Mexico in the early 1960s to promote industrialization and economic development. However, it wasn't until the 1990s when the North American Free Trade Agreement (NAFTA) was implemented that the maquiladora program experienced significant growth. The agreement allowed for duty-free access to the U.S. market for goods produced in Mexico, which incentivized U.S. companies to set up manufacturing operations in Mexico and employ low-cost labor. Therefore, members of NAFTA, particularly the United States, benefited the most from the maquiladora program.

Members of ________ Benefitted the Most from the Maquiladora Program