Free trade zones are established to reduce trade barriers and promote international trade. To achieve this goal, taxation and regulation of corporations are reduced to make products cheaper and boost exports. However, it should be noted that some free trade zones have implemented environmental and labor standards to protect workers' rights and the environment.

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Free Trade Zones

Question 15

Multiple Choice

Free trade zones:

A) strengthen regulation of corporations
B) must have a Charter of worker's rights and freedoms
C) reduce taxation and regulation of corporations
D) strengthen environmental protection

Correct Answer: