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Free trade zone

Business Free trade agreementFreedom of entry

free trade zone
geographical area in which commerce can be conducted without tariffs being applied.

 


FREE TRADE ZONE
A designated and secured area, legally outside of a country's customs territory, where a trader may store, repack, ...

FREE TRADE ZONE (FTZ) - an area, usually a port of entry, designated by the country for duty-free entry...
FREE-MARKET SYSTEM AUCTION - A periodic auction conducted by the Federal National Mortgage Association,...

Free Trade Zone
Abbreviation: FTZ
A part of the territory of a state where any goods introduced are generally regarded, in so faras import duties and taxes are concerned, as being exempted (Kyoto Convention).

Free Trade Zone: An area within a country into which foreign goods may be brought duty free often for additional manufacture, storage, or packaging.

Free Trade Zone - An area designated by the government to which goods may be imported for processing and subsequent export on duty-free basis. Merchandise may be stored, used or manufactured in the zone and reexported without duties being paid.

Free trade zone
Port or area designated by a country's government for duty-free entry of non-prohibited goods.
Free zone ...

Critics of free trade zones argue that such measures are detrimental to domestic economies. In the case of NAFTA, for example, opponents contended that the jobs of some American workers would be "exported" to Mexico, where labor costs are lower.

Free Trade Zones
"Free Trade Zones" (sometimes called "customs free zones" or "duty free zones") is a generic term referring to special commercial and industrial areas at which special customs procedures allow the importation of foreign ...

FOREIGN-TRADE ZONE/FREE TRADE ZONE
A port designated by the government of a country for duty-free entry of any non-prohibited goods. Merchandise may be stored, displayed, or used for manufacturing, etc.

Under the Hawksbill Creek Agreement, businesses established in the Freeport Free Trade Zone, a 230-square mile zone on Grand Bahamas Island, pay no taxes on profits, capital gains, etc.

Krugman, Paul R. 1991b. "The Move Toward Free Trade Zones," in Policy Implications of Trade and Currency Zones, symposium sponsored by The Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, August 22-24. See GATT-Think.

An arrangement between Bolivia, Colombia, Ecuador, Peru and Venezuela for the coordination of economic policies, including the formation of a free trade zone in the Andean region.
See also: Free Trade Zone,
Antiboycott Legislation ...

an agreement among Canada, Mexico, and the United States establishing the North American Free Trade Zone, with a resulting reduction in trade barriers
American Depositary Receipts (ADRs) ...

Custom Â- Duty
Tariff (Import Â- Export) Â- Tariff war
Free trade Â- Free trade zone
Trade pact Â- Tax equalization
Tax treaty ...

World Trade Organization Â- International Monetary Fund Â- World Bank Group Â- International Trade Centre Â- Trade bloc Â- Free trade zone Â- Trade barrier
Schools of thought
Free trade Â- Balanced trade Â- Mercantilism Â- Protectionism ...

ASEAN (Association of Southeast Asian Nations) - A trading bloc of countries in SE Asia. ASEAN is focused on developing a f free trade zone among the member nations.

that goods in transit to and from the neighboring country are not subject to the customs duties, import controls, or many of the entry and exit formalities of the host country. A transit zone is a more limited facility than either a free trade zone ...

See also: Free trade, Tariff, Tariffs, Barriers, Expense

Business Free trade agreementFreedom of entry

 
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