Which of the following is true of free trade zones?
A)Free trade zones are groups of nations organized to work toward common goals in the regulation of international trade.
B)Free trade zones were replaced by the World Trade Organization.
C)Free trade zones mediate global trade disputes.
D)Free trade zones are established only among the United States, Mexico, and Canada.
E)Free trade zones are countries that barter their output for simple goods and services.

Question

Quizplus · Accepted Answer

Free trade zones are areas where goods can be imported, handled, manufactured, and re-exported without direct intervention from customs authorities, and they are often established to promote trade among member nations.

Which of the Following Is True of Free Trade Zones