Creating export processing zones, passing tax laws that favor businesses, and encouraging outsourcing __________. A. are actions NGOs can take to benefit growing economies B. are typical ways in which the US helps other nations' economies C. are ways that have helped developing economies to grow D. have not been successful in fostering economic success
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Answer to this question is option C.
Export Processing Zones or Free-Trade Zones are specially designated areas, usually located close to ports, which allow organisations to import raw materials, process these raw materials and re-export them, without having to pay Customs Duty. Organisations get several other facilities and benefits, when they are located in such zones.
Tax benefits that favour organisations, help economic growth.
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