Maquiladora is the name given to an operation that allows processing,packaging,assembling,and/or repair plants to be located in Mexico (in-bond areas)where goods may be processed without import taxes as long as they are re-exported to the United States or to another foreign country.

Question

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This is the correct definition of a maquiladora operation. These plants are commonly used by companies to take advantage of Mexico's lower labor costs and free trade agreements with other countries.

Maquiladora Is the Name Given to an Operation That Allows