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Which of the Following Statements Is True of Foreign Trade

Question 16

Multiple Choice

Which of the following statements is true of foreign trade zone?


A) It is an area through which merchandise is allowed to pass with fewer procedures but higher taxes.
B) These areas provide very limited employment opportunities.
C) Goods imported into these zones require import licenses and are subject to import duties.
D) International companies can store goods in these zones without incurring taxes,before shipping them to other countries.

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