Problem

U.S. Foreign Trade ZonesThe National Association of Foreign Trade Zones (FTZs) maintains a...

U.S. Foreign Trade Zones

The National Association of Foreign Trade Zones (FTZs) maintains an Internet site containing information on U.S. foreign trade zones. Locate the site by searching under “foreign trade zone,” or go to:

www.naftz.org

Instructions

a. Explain the key characteristics of a foreign trade zone (FTZ).


b. Identify an FTZ in your state. Where is it located? What types of business use it?


c. Other information is available at the site. Use that information to answer the following:

1. How are FTZs created?

2. What businesses utilize FTZs?

3. What benefits can firms obtain from operating in FTZs?

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