Foreign Trade Zones and Its Economic Beneficiates
Throughout the centuries, various forms of duty-free areas have existed in many parts of the world to facilitate trade by lessening the effect of custom restrictions. This type of free trade is what the United States trade policies are based on. Within the theoretical model of free trade world leaders has recognizes the economic beneficiates of free trade; world leaders acknowledges that there will be a cost resulting from free trade policy but they are negligible. In reality, however, free trade has benefits and costs. …
