Export-Processing Zones Are Industrial Areas Set Aside for MNCs with Special

question 42

Multiple Choice

Export-processing zones are industrial areas set aside for MNCs with special rules or subsidies.Foreign firms based in EPZs are primarily allowed to

• A) import components free of taxes, as long as all of their output is exported.
• B) pay workers less than elsewhere in the country.
• C) pay workers more than elsewhere in the country.
• D) Ignore safety and environmental regulations.
• E) import components for assembly free of taxes, as long as none of their output is exported.

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Definitions:

Technology Change

The process through which new technologies are developed and introduced, altering how individuals, societies, or industries operate.

Lincoln

Abraham Lincoln, the 16th President of the United States, is known for leading the country during the Civil War and signing the Emancipation Proclamation.

Main Goal

The primary objective or target that an individual, group, or organization aims to achieve.

End Slavery

The movement to end slavery encompasses all historical and contemporary efforts aimed at abolishing the practice of slavery and the slave trade, which has taken many forms globally over centuries.