The maquiladoras concept is a fairly recent approach to:
A)strategic alliance.
B)licensing agreement.
C)direct investment.
D)joint venture.
E)None of these.

Question

Quizplus · Accepted Answer

Maquiladoras are foreign-owned manufacturing plants located in Mexico that benefit from low labor costs and proximity to the United States. The concept involves a foreign company setting up a factory in Mexico and importing raw materials to assemble or manufacture a product before exporting it back to the foreign country. This requires a direct investment in Mexico as the foreign company is setting up a physical presence in the country.

The Maquiladoras Concept Is a Fairly Recent Approach To