Question

The _____________ system refers to a factory, the majority of which are located in Mexican border towns, that imports materials and equipment on a duty- and tariff-free basis for assembly or manufacturing and re-export.

Answer 1

The subject of this question is Business. The term being referred to is maquiladora operation, which is part of the import/export system. Maquiladoras are foreign-owned factories that import raw materials or components duty- and tariff-free for assembly, manufacturing, and re-export.

Step-by-step explanation:

The subject of this question is Business. The term being referred to is maquiladora operation, which is part of the import/export system. Maquiladoras are foreign-owned factories that import raw materials or components duty- and tariff-free for assembly, manufacturing, and re-export. These factories are mainly located in Mexican border towns and provide jobs for Mexican workers while producing inexpensive products for the US market.