ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Technopoles
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Maquiladores
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Telenovelas
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Esperantos
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Detailed explanation-1: -Maquiladoras are located on the U.S.-Mexico national border in order to improve supply chain management. Close geographic proximity minimizes transportation costs and time spent transporting materials and goods. The factories are highly concentrated among the U.S.-Mexico border states of: Baja California.
Detailed explanation-2: -A maquiladora is a low-cost factory in Mexico that is owned by a foreign corporation. Facilities are usually located near the U.S.-Mexico border. These plants assemble products and export them back to the United States and other countries.
Detailed explanation-3: -Maquiladora Benefits U.S. firms become more competitive in world markets by combining American advanced technology with the lower costs of Mexican labor and materials. Mexico offers lower wage rates than many Asian countries.
Detailed explanation-4: -Well-known American Companies in Mexico. Medtronic. Molex. General Motors. Curtiss-Wright. Honeywell. Observations and Conclusions. Making the Move to Mexico.