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Foreign Trade Zone

From Conservapedia - Reading time: 1 min

A Foreign Trade Zone is a free port in a country divorced from Customs authority but under government control. Merchandise, except that which is prohibited, may be stored in the zone without being subject to import duty regulations.[1]

References[edit]

  1. ↑ U.S. Department of Transportation Maritime Administration
Licensed under CC BY-SA 3.0 | Source: https://www.conservapedia.com/Foreign_Trade_Zone
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