3819EconomicsMedium
A foreign-trade zone (FTZ) is?
Aa free trade agreement among several nations
Ba regional area within which trade with foreign nations is allowed
Cdesigned to limit exports of manufactured goods by placing export taxes on goods made within the zone
Ddesigned to promote exports by deferring imports duties on intermediate inputs and waving such duties if the final product is re-exported rather than sold domestically
Correct answer
D. designed to promote exports by deferring imports duties on intermediate inputs and waving such duties if the final product is re-exported rather than sold domestically
Explanation
The correct answer is designed to promote exports by deferring imports duties on intermediate inputs and waving such duties if the final product is re-exported rather than sold domestically.