What is a maquiladora?
A) It is an environmental indicator of ozone depletion.
B) It is an expansionary monetary theory.
C) It is a factory in an export processing zone.
D) It is a term used by the World Bank to discuss agricultural policy.

Question

Quizplus · Accepted Answer

A maquiladora is a factory, usually located in Mexico, that operates as part of an export processing zone. These factories import raw materials or components duty-free, assemble or process them, and then export the finished goods, often to the United States. This model is used by many companies in order to take advantage of cheaper labor and other cost savings.

What Is a Maquiladora