Wanderlust World Wanderlust World - Maquiladoras are mostly owned by Mexican companies.
- Maquiladoras mostly employ Mexican citizens.
- Companies must source at least a certain percentage of their materials and components from Mexico.
- Maquiladoras are only allowed to export their products to the United States.
- Maquiladoras are no longer allowed to operate in Mexico.
- Maquiladoras are always located near the US-Mexico border.
True statements:
- Maquiladoras allow companies to take advantage of Mexico's low labor costs and favorable trade policies.
- Maquiladoras are often subsidiaries of foreign corporations, mostly US companies.
- Maquiladoras are also allowed to sell finished goods to local Mexican markets and to other countries around the world.
- Maquiladoras have been in operation since the 1960s and are still a major part of Mexico's economy today.
- Maquiladoras are often located in less-developed regions of Mexico as an incentive to boost economic development.