FTZs allow an importing company to delay, eliminate, or decrease its duty payments on foreign-sourced goods that enter the zone site.

Name: FTZs allow an importing company to delay, eliminate, or decrease its duty payments on foreign-sourced goods that enter the zone site.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is the main purpose of FTZs, as they provide a designated area where imported goods can be stored or processed without being subject to customs duties or taxes until they are released into the U.S. market.

FTZs Allow an Importing Company to Delay, Eliminate, or Decrease