MCQOPTIONS
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| 1. |
A foreign-trade zone (FTZ) is ? |
| A. | a regional area within which trade with foreign nations is allowed |
| B. | a free trade agreement among several nations |
| C. | designed to limit exports of manufactured goods by placing export taxes on goods made within the zone |
| D. | designed to promote exports by deferring imports duties on intermediate inputs and waving such duties if the final product is re-exported rather than |
| Answer» E. | |