A foreign trade zone is a designated area in a country where foreign consumers can buy that country's products without paying sales taxes.

Question

Quizplus · Accepted Answer

A foreign trade zone is a designated area in a country where goods can be stored, processed, or manufactured under specific customs regulations without being subject to customs duties and taxes. However, sales taxes may still apply when the goods are sold to consumers within the country.

A Foreign Trade Zone Is a Designated Area in a Country