GENERAL KNOWLEDGE

GK

WORLD GEOGRAPHY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Factories in Mexico along the border with the U.S. are called
A
finance development
B
Maquiladoras
C
trade agreement factories
D
import tariff industries
Explanation: 

Detailed explanation-1: -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-2: -Manufacturing for Export In 2021, maquiladoras accounted for 58 percent of Mexico’s manufacturing GDP (as well as a majority of the country’s manufacturing exports) and 48 percent of industrial employment.

Detailed explanation-3: -maquiladora in British English (məˌkiːləˈdɔːrə ) or maquila (məˈkiːlə ) noun. a foreign-owned factory in Mexico which uses cheap Mexican labour to assemble products and then exports the products back to the country of origin.

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