Which of the following statements about maquiladoras is FALSE?
A) Maquiladoras are light-assembly plants built in northern Mexico.
B) There are more than 1000 maquiladoras employing workers.
C) Maquiladoras are a form of licensing.
D) Maquiladoras are owned by major corporations from the United States,Japan,and South Korea.
E) Maquiladoras are a form of direct investment.

Question

Quizplus · Accepted Answer

Maquiladoras are not a form of licensing, but rather a type of manufacturing operation in which factories are built in Mexico near the U.S. border to take advantage of lower labor costs and other incentives. The other statements are true, including that maquiladoras are owned by major corporations from the U.S., Japan, and South Korea, and that they represent a form of direct investment.

Which of the Following Statements About Maquiladoras Is FALSE