The Primary Reasons for Using a Foreign Trade Zone FTZ)

question 20

True/False

The primary reasons for using a foreign trade zone FTZ) are 1) to avoid, postpone, or reduce duties on imported goods, and 2) to create economic benefits for the local community through job creation.

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Definitions:

Eadweard Muybridge

A groundbreaking photographer and inventor who significantly contributed to the development of motion pictures through his study of animal locomotion using sequential photographs.

Photography

The art or practice of capturing images through the light on a light-sensitive surface, either digitally or on film.

Photograph

An image created by capturing light on a light-sensitive surface, traditionally through a chemical process on film, but now also commonly through digital sensors.

Louis Daguerre

A French artist and photographer recognized for his invention of the daguerreotype, one of the earliest photographic processes.