https://padlet.com/list4/uuqyqip582ax5hma en-us 2020-06-26 00:15:12 UTC 2020-06-26 02:45:21 UTC hello@padlet.com https://padlet.com/list4/uuqyqip582ax5hma/wish/640647802 - FTZ is a well-connected and accessible transport hub, such as a port, or any other specially designated geographic area for the quota and tarriff-free importation of raw materials and intermediate or finished goods
- tariff-free trade in goods between member states
- businesses have access to a larger market and trade freely between different countries
-]]> 2020-06-26 02:40:36 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640647802 https://padlet.com/list4/uuqyqip582ax5hma/wish/640647861 - it is a well-connected and accessible transport hub, such as a port
- established to promote industrial and commercial exports]]> 2020-06-26 02:40:42 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640647861 https://padlet.com/list4/uuqyqip582ax5hma/wish/640647893 A specially designated area that are quota and tariff-free for the importing of raw materials and finished goods. The benefits are that there are eased trade policies meaning lower costs and more efficiency. There is also quicker turn around for transport. The owners may get tax exemptions,  100% ownership, owning properties may be allowed and firms may be able to have multiple businesses.  ]]> 2020-06-26 02:40:45 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640647893 chch21 https://padlet.com/list4/uuqyqip582ax5hma/wish/640647981 -FTZ=Free trade zone
-Specific customs regulation and not subject to customs duty
-Businesses Advantage: 
No trade barriers
Tariff free
Easier

-Government advantage:
More imports/exports

]]> 2020-06-26 02:40:53 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640647981 rekw21 https://padlet.com/list4/uuqyqip582ax5hma/wish/640648070 area areas where goods may be landed, handled, remanufactured or reconfigured without customs regulations in a foreign country 

Advantages to Governments : 
- Increased economic growth due to trade 
-  Lower Government Spending 

Disadvantages: 
- Increased outsourcing of jobs 

]]> 2020-06-26 02:41:02 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640648070 https://padlet.com/list4/uuqyqip582ax5hma/wish/640648251 FTZ:
- class of economic zone, geographic area no trade barriers. a well-connected and accessible transport hub, such as a port, (air, sea or river), or any other specially designated geographic area for the quota and tariff-free importation of raw materials and intermediate or finished goods.
What are the benefits for businesses and governments?
- lower costs as they encourage trade, increase relations with other countries, increase FDI ]]> 2020-06-26 02:41:18 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640648251 https://padlet.com/list4/uuqyqip582ax5hma/wish/640648464 Free Trade one: a well-connected and accessible transport hub such as ports or other specifically designed geographic area for quota and tariff-free importation of raw material and intermediate finished goods

It differs from EPZ as EPZs are a particular type of FTZ, established to promote industrial and commercial exports, usually in developing countries.

Benefit:
- 100% ownership
- Tax exemption
- Fair renewal fees]]> 2020-06-26 02:41:36 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640648464 https://padlet.com/list4/uuqyqip582ax5hma/wish/640648772 FTZ - a well connected and accessible transport hub. An example would be ports / Free tarde zone]]> 2020-06-26 02:42:06 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640648772 https://padlet.com/list4/uuqyqip582ax5hma/wish/640648835 FTZ: are special zones in which all trade barriers between two countries are eliminated. The FTZs usually consist of labour-intensive manufacturing plants. ]]> 2020-06-26 02:42:13 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640648835 https://padlet.com/list4/uuqyqip582ax5hma/wish/640648940 A Foreign-Trade Zone (FTZ) is a zone authorized as exempt from many regular US Customs rules and regulations. There are many benefits that importers can take advantage of to improve cash flow, increase global logistics efficiency, reduce redundant or unnecessary logistics costs, and retain flexibility.]]> 2020-06-26 02:42:22 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640648940 saro211 https://padlet.com/list4/uuqyqip582ax5hma/wish/640649026 2020-06-26 02:42:30 UTC https://padlet.com/list4/uuqyqip582ax5hma/wish/640649026