_________________________ usually provide tax- and duty-free treatment of production facilities whose output is meant to be exported.
Answers
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1
Answer:
Duty Free Zones or Export Processing Zones
Explanation:
Duty Free Zones or Export Processing Zones usually provide tax- and duty-free treatment of production facilities whose output is meant to be exported.
These zones also provide subsidised utilities expenses to the factories. The real aim of this government initiative is to increase the exports and then through this volume, the government can establish its position in international trading and earn profits also from increased exports
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Foreign Trade Zones is the correct answer to the given question.
Explanation:
- Foreign-trade zones areas in which the international goods may be retained or the analyzed it shipped them without the responsibilities.
- The trade zones could be helpful as designated points to decrease the transportation cost and also to remodel strategies to advertising.
- The main objective of foreign trade zones it provide typically tax- and duty-free status of manufacturing plants that produce is intended for sale.
Learn More :
- brainly.com/question/14241516
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