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Q6PE.

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Operations And Supply Chain Management
Found in: Page 398
Operations And Supply Chain Management

Operations And Supply Chain Management

Book edition 14th
Author(s) F. Robert Jacobs
Pages 800 pages
ISBN 9780078024023

Short Answer

A place where foreign goods can be brought into the United States without being subject to normal customs requirements.

Free trade zones are the areas in the U.S. where foreign goods can be brought without being subject to normal customs requirements.

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Step by Step Solution

Free trade zone of the USA

There are about 195 active free trade zones in the USA, located near the CBP (Customer and Border Protection) ports of entry.

Benefit of trade free zone

The advantages or the benefits of the trade-free zone vary depending upon the type of permission by the authority of foreign trade zone authority.

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