Question

Define Export Processing Zones.

Answer 1

Export processing zones (EPZs) are areas within developing countries that offer incentives and a barrier-free environment to promote economic growth by attracting foreign investment for export-oriented production.

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Answer 2

Hey Mate !!

☆ Export Processing Zone is a free-trade zone is a class of special economic zone. It is a geographic area where goods may be landed, stored, handled, manufactured or reconfigured and re-exported under specific customs regulation and generally not subject to customs duty.

•Some export processing zones in India are - SEE THE ABOVE ATTACHMENT

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