What is the purpose of maquiladoras? a. to manufacture finished goods for export to the us b. to grow foods to sell in mexican markets c. to refine oil and petroleum products, such as gasoline d. to provide banking and financial services to people living in mexico

Among the options given on the question the correct answer is option A.

to manufacture finished goods and export to US.

Explanation: The Maquiladora program was established in 1965 by the Mexico government and originated by the US government in a bond to import raw materials in a duty free process and assemble them in order to export the finished goods in USA.

The program allowed factories to import the raw materials in the Mexico in a tariff free process. However the program was funded by the US because of slowing down the migration process to USA from Mexico.

The Maquiladora program became the second largest sector for export income during 1990s . Moreover it was boosted by the NAFTA in 1993.

Companies under Maquiladora import raw materials and produce computer parts,plastic, cloths and etc . Now and then ninety percent of their production is exported to the  north of US.

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