QuestionFree trade zones and export-processing zones are types of special economic zones.ResponsesTrueTrueFalse

Special economic zones (SEZs) are most common in which country?Group of answer choicesChinaArgentinaJapanFranceGreat Britain

Free zones programme exporters are permitted to sell 30% of their products in the local market.A. TrueB. False

The four key types of restrictions on free trade, or trade barriers, are...

A Free Trade Area is:Question 40Select one:a.When a group of nations abolishes trade restrictions among themselves and imposes common and uniform tariffs on other nations.b.When a group of nations provides for the free mobility of factors of production among the member nations.c.When a group of nations adopts trade restrictions among themselves without also imposing common tariffs on other nations.d.When a group of nations abolishes trade restrictions among themselves without also imposing common tariffs on other nations.e.When a group of nations abolishes trade restrictions among themselves but also imposes common tariffs on other nations.

What is the true goal of special economic zones in semi-periphery and periphery countries?Responsesto attract foreign investments from core countriesto attract foreign investments from core countriesto give tax breaks to multinational corporationsto give tax breaks to multinational corporationsto quickly shift from the secondary to tertiary sectorto quickly shift from the secondary to tertiary sectorto provide more infrastructure to multinational corporations