The maquiladora industry along the Texas-Mexico border on the Mexico side uses cheap labor for assembling products.This lowers the price for U.S.consumers and is an example of ______.
A)licensing
B)joint venture
C)outsourcing
D)franchising
E)a greenfield venture

Question

Quizplus · Accepted Answer

This is an example of outsourcing, where a company utilizes cheaper labor in another country to cut production costs and offer products at a lower price.

The Maquiladora Industry Along the Texas-Mexico Border on the Mexico