A foreign trade zone is an important method for controlling which of the following?

Question

Quizplus · Accepted Answer

A foreign trade zone is a designated area within a country's borders where goods can be stored, processed, and distributed without being subject to customs duties or other taxes. By allowing companies to import raw materials and components duty-free, foreign trade zones can help control price escalation, which is the increase in prices resulting from tariffs and taxes on imported goods.

A Foreign Trade Zone Is an Important Method for Controlling