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globalization

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Issue:

Social Issues

 

Written by:

Vicky L

 

Date added:

December 16, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1297

 

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258 times

 

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Essay content:

They are special zones where (some) normal trade barriers such as import or export tariffs do not apply, bureaucracy is typically minimized by outsourcing it to the FTZ operator and corporations setting up in the zone may be given tax breaks as an additional incentive. Usually, these zones are set up in underdeveloped parts of the host country, the rationale being that the zones will attract employers and thus reduce poverty and unemployment and stimulate the area's economy...
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Usually, these zones are set up in underdeveloped parts of the host country, the rationale being that the zones will attract employers and thus reduce poverty and unemployment and stimulate the area's economy. These zones are often used by multinational corporations to set up factories to produce goods (such as clothing or shoes)...
displayed 300 characters

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