maquila

maquiladora

[muh-kee-luh-dawr-uh; Spanish mah-kee-ah-daw-rah]
noun, plural maquiladoras [muh-kee-luh-dawr-uhz; Spanish mah-kee-ah-daw-rahs] .
a factory run by a U.S. company in Mexico to take advantage of cheap labor and lax regulation.
Also called maquila.


Origin:
1985–90; Mexican Spanish, perhaps < Spanish maquilar extract a toll

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maquila

manufacturing plant that imports and assembles duty-free components for export. The arrangement allows plant owners to take advantage of low-cost labour and to pay duty only on the "value added"-that is, on the value of the finished product minus the total cost of the components that had been imported to make it. The vast majority of maquiladoras are owned and operated by Mexican, Asian, and American companies

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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