Foreign goods placed into which of the following are exempt from duties until officially entered into a country's stream of commerce:

Question

Quizplus · Accepted Answer

Foreign goods placed in free trade zones, bonded warehouses, and free ports are exempt from duties until they are officially entered into a country's stream of commerce. These areas allow for the storage, handling, or manufacturing of goods without immediate imposition of customs duties.

Foreign Goods Placed into Which of the Following Are Exempt