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Maquiladoras are factories in Mexico that assemble and build goods for the US. The principle is that these factories import materials duty and tariff free, assemble the product and then send them back to the USA to be sold. The driving force behind this is cheap labour to do simple jobs.

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8y ago
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8y ago

It gives companies the freedom to have FDI upto 100% under Maquila program approved by SECOFI

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Q: What is the purpose of having maquiladoras?
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