What are special economic zones?how are they flexible?
Answers
Answered by
7
Special economic zone. ... A special economic zone is an area in which business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include: increased trade balance, increased investment, job creation and effective administration.
Answered by
2
Special Economic Zones (SEZs) are regions created by countries to attract foreign investments and MNCs. When created for this purpose, taxes don't have to be paid for the management of this land for 5 years.
Similar questions