A designated geographic region in which merchandise is allowed to pass with lower customs duties and/or fewer custom procedures is called a(n)________.

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A designated geographic region in which merchandise is allowed to pass with lower customs duties and/or fewer custom procedures is called a foreign trade zone. Free trade area refers to a region where a group of countries agree to reduce or eliminate trade barriers between themselves, while a single market is a type of trade bloc that allows the free movement of goods, services, and people within its member countries. Open border refers to a situation where there are no restrictions on the movement of people or goods between two countries.

A Designated Geographic Region in Which Merchandise Is Allowed to Pass