A foreign trade zone FTZ) in the U. S.:
A) facilitates rapid calculation of import duties.
B) facilitates rapid calculation and payment of import duties.
C) creates and maintains jobs in the United States that might have gone offshore.
D) is completely different in purpose from a maquiladora in Mexico.
E) must use only goods made in the U. S. according to the Buy America Act.

Question

Quizplus · Accepted Answer

Foreign trade zones (FTZs) in the U.S. help create and maintain jobs by allowing companies to defer, reduce, or eliminate customs duties, making it more attractive to keep operations in the U.S. rather than moving them offshore.

A Foreign Trade Zone FTZ) in the U