In Mexico, the free trade zone program (also called the in-bond or twin-plant program) is called the _____________________________.
A) Maquiladora operation or industry
B) border zone
C) red zone district
D) Foreign Trade Zone
E) Channel Zone

Question

Quizplus · Accepted Answer

The free trade zone program in Mexico is known as the Maquiladora operation or industry. This program allows companies to import raw materials and equipment duty-free for assembly, manufacturing, or processing and then export the finished products back to their country of origin or other countries. The program is named after the Spanish word "maquila," which refers to the fee paid to millers for processing grain into flour.

In Mexico, the Free Trade Zone Program (Also Called the In-Bond