What is a free trade zone, and why do nations want to be in one?

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asked Dec 14, 2021 169k views

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Mujammil Ahamed · Answer 1 · 2021-12-19T03:10:52+0000

Answer:The primary purpose of a free-trade zone is to remove from a seaport, airport, or border those hindrances to trade caused by high tariffs and complex customs regulations.

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What is a free trade zone, and why do nations want to be in one?

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What is a free trade zone, and why do nations want to be in one?