Free trade zones can be used to facilitate both exports and imports

Question

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Free trade zones are designated areas where goods can enter and exit with minimal barriers to trade, including lower or zero tariffs, simplified customs procedures, and exemption from certain taxes. This makes it easier for companies to export goods from the free trade zone to other countries while also facilitating imports of raw materials or components needed for production within the zone.

Free Trade Zones Can Be Used to Facilitate Both Exports