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:
Verified
Q115: Elite Corp.builds a manufacturing plant in
Q116: Over half the cases of fraud are
Q117: _ is a premier credential for a
Q118: terms listed below.
-?Uses a single rate
Q119: Which of the following is true of
Q121: terms listed below.
-?Costs incurred to determine
Q122: terms listed below.
-?The external verification that
Q123: terms listed below.
-?Costs incurred when products
Q124: terms listed below.
-?Costs incurred to prevent
Q125: terms listed below.
-?Costs incurred when products
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents