3 Minute Explainer: An Introduction to Foreign-Trade Zones
QAD
AUGUST 15, 2023
Foreign-Trade Zones (FTZs) enable companies to reduce import duties and taxes, as well as simplify import procedures. In this 3 Minute Explainer , we look at the who, what, when, where and why of FTZs. This was a protectionist trade policy that raised tariffs on thousands of imports.
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