The major purpose of foreign trade zones is to implement barriers to trade and commerce.

Name: The major purpose of foreign trade zones is to implement barriers to trade and commerce.
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Question

Quizplus · Accepted Answer

The major purpose of foreign trade zones is actually to promote and facilitate international trade by reducing or eliminating tariff and non-tariff barriers, providing streamlined customs procedures, and encouraging investment and economic growth in designated geographic areas.

The Major Purpose of Foreign Trade Zones Is to Implement