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Mexico
Beginning of Essay
During World War II had very good business relations with the United States. They provided a lot of raw materials, which were necessary to support American military needs. In that time the U.S. had an agreement with specifying that the country would export its r .... Middle of Essay .... because of the shelter from international competition.
1965: The Maquiladoras Program
To help its manufacturing sector, settled the 's Border Industrialization Program. The BIP allows US and foreign companies to ship components and production equipment into , free of duty, for assembly or processing utilizing Mexican labor.
These Mexican facilities are commonly referred to as Maquiladoras, or in-bond assembly plants.
The BIP sought to attract foreign manufacturing facilities, technology and know-how.
Over the past years, a large portion of US-Mexican trade has been attributed to rapid growth in the Mexican Maquiladora industry.
In 1992 ....
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