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likoan [24]
3 years ago
5

Foreign companies with manufacturing plants that are allowed to operate in Mexico with special privileges in exchange for employ

ing Mexican citizens are known as
Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
6 0

Foreign companies that operate in Mexico with privileges in exchange for hiring Mexican citizens are known as maquiladoras.

<h3>What are maquiladora industries</h3>

Correspond to manufacturing and service destination factories for making, transforming or repairing foreign goods such as the US. These industries exist in peripheral countries, where there is cheaper labor and less bureaucracy.

Therefore, in Mexico, the installation of maquiladora industries received government incentives in programs carried out by Mexico and the USA, generating more jobs for local workers and reducing costs for transnational companies.

Find out more information about transnational companies here:

brainly.com/question/6765390

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Answer:

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Answer:

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In economic expansions, revenues for producers of inferior goods will fall, because people, with more income, will flock to normal goods or even luxury goods.

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