Which of the Following Statements Is True of Foreign Trade

question 16

Multiple Choice

Which of the following statements is true of foreign trade zone?

• A)It is an area through which merchandise is allowed to pass with fewer procedures but higher taxes.
• B)These areas provide very limited employment opportunities.
• C)Goods imported into these zones require import licenses and are subject to import duties.
• D)International companies can store goods in these zones without incurring taxes,before shipping them to other countries.

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Definitions:

Bildungsroman

A genre of novel that focuses on the psychological and moral growth of its main character from youth to adulthood.

Extinguished

Completely put out, terminated, or rendered non-existent, often used in the context of fires or other flames.

Healthy Life

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Absurd

A term used in existential philosophy to describe the conflict between the human tendency to seek inherent value and meaning in life and the human inability to find any in a chaotic, irrational universe.