Introduction. It applies to all of the maquiladora-owned assets and must be paid monthly. A production strategy that strives to improve a business return on investment by reducing in-process inventory and associated carrying costs. Improvements were made to the maquiladora program through the IMMEX program, which was formerly known as the Maquiladora Program. The definition of maquiladorain the dictionaryis 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. [24], Many women are injured in maquilas. The minimum wage "buys only about a quarter of the basic necessities that are essential for a typical workers family". A new wave of worker protests has emerged in the 21st Century as workers decide that enough is enough. medical revolution ap human geography definition Varsity Tutors. This new program increased the benefits, leading to a further reduction in costs, increased operational efficiencies, and the modernization of the establishment process. The La Paz Agreement signed by Mexico and the United States in 1983 requires hazardous waste created by United States corporations to be transported back to the United States for disposal. Duty-free imports apply to the raw and semi-finished materials shipped after manufacture or assembly, as well as to the machinery used in the manufacturing process. Applicable for any company that manufactures products through a third party due to lack of resources. Many contracts are only for a few months, allowing companies to have a high turn-over rate in which workers never have the chance to organize for their rights. AP Human Geography: Industry Vocab Flashcards Border cities and states tend to benefit the most from maquiladoras. Definition of maquiladora : a foreign-owned factory in Mexico at which imported parts are assembled by lower-paid workers into products for export. In 1993 the United States, Mexico, and Canada adopted the North American Free Trade Agreement (NAFTA), which created the Free Trade Zone among the countries. When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. This bond allows for all three countries to have free trade of products across the borders. information described below to the designated agent listed below. Brown, Garrett D. "Protecting Workers Health and Safety in the Globalizing Economy through International Trade Treaties".
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