trade zones
Economic exchange regions
Trade zones are designated geographic areas where special economic rules apply, typically offering reduced tariffs, tax incentives, or relaxed regulations to encourage commerce.
Free trade zones allow goods to be imported, stored, and re-exported without standard customs duties.
Enterprise zones target economic development in depressed areas.
The port authority established a foreign trade zone to attract shipping companies.
- customs regulationsRules controlling border commerce
- manufacturing hubsPlaces where products originate
- tax incentivesGovernment breaks encouraging actions
- tax havenZero-rate wealth jurisdiction
- port of entryAuthorized border crossing location
border crossing · open market · import restrictions · entrepôt · tariff reduction · quotas · technology parks · industrial park · exports · embargo · ports · merchants · duty free · shipping · hubs · tariffs · duty-free · customs