A(n) ________ is a facility at a port of entry where shippers can store goods until they clear customs.
A) export processing zone
B) data warehouse
C) bonded warehouse
D) free retail zone

Question

Quizplus · Accepted Answer

A bonded warehouse is a facility where shippers can temporarily store goods until they clear customs. These warehouses are secured and monitored by customs authorities, and the goods stored there are usually subject to tariffs and other taxes before they can be released for domestic consumption or export. Bonded warehouses are commonly used in international trade to streamline the customs clearance process and reduce the time and cost of importing and exporting goods.

A(n) ________ Is a Facility at a Port of Entry