menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Purchasing and Supply Management Study Set 1
  4. Exam
    Exam 14: Global Supply Management
  5. Question
    The Primary Reasons for Using a Foreign Trade Zone FTZ)
Solved

The Primary Reasons for Using a Foreign Trade Zone FTZ)

Question 20

Question 20

True/False

The primary reasons for using a foreign trade zone FTZ) are 1) to avoid, postpone, or reduce duties on imported goods, and 2) to create economic benefits for the local community through job creation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: The NAFTA,the EU,ASEAN and the WTO are

Q10: Even though the economy of Mexico relies

Q11: A temporary importation bond TIB) allows certain

Q12: When dealing with an international supplier, a

Q13: The governing convention on shipping terms and

Q14: Three approaches to global sourcing are to

Q15: The growth in international trade has come

Q17: When one condition of the countertrade agreement

Q18: When sourcing internationally:<br>A) the buyer should learn

Q19: The most-cited reason for international trade is:<br>A)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines