Solved

Which of the Following Statements Is True of Foreign Trade

Question 37

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.

Correct Answer:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents