Question

The maquiladora industry along the Texas–Mexico border on the Mexico side uses cheap labor for assembling products. This lowers the price for U.S. consumers and is an example of ______.

Answer 1

Outsourcing

Step-by-step explanation:

Outsourcing

This is the process or situation whereby a company hires another company to handle a specific task usually been done previously by the company's employees. Task may include sales, recruitment and so on. It is a type of business practices that involves hiring an outside company or individual to perform tasks and services that were primarily done by the company's employees in the past. It is majorly done to reduce cost and be time efficient, when the said task becomes too expensive and time wasting to be handled internally. In this case, labour is been outsourced in order to reduce the cost of production and in turn make goods cheap.