Solved

​Which of the Following Represents an Advantage of Setting Up

Question 120

Multiple Choice

​Which of the following represents an advantage of setting up a manufacturing plant in a foreign trade zone?


A) ​A company that has set up a manufacturing plant in a foreign trade zone is free from paying U.S.income taxes.
B) ​Goods sold in a foreign trade zone are exempt from paying duty.
C) ​Goods imported into a foreign trade zone are duty-free until they leave the zone for sale in the United States.
D) ​A company that has set up a manufacturing plant in a foreign trade zone is free from paying duty on inventory included in finished products.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents