Home » Economic Terms Dictionary » Free Trade Zone (ftz)

Definition Of Free Trade Zone (ftz):

Airport, seaport, or any other designated area for duty-free import of raw materials, components, sub-assemblies, semi-finished or finished goods.
Such items can be stored, displayed, assembled, or processed for re-export or entry into the general market of the importing country (after paying the required duties). Also called foreign trade Zone or free zone.

Other Definition Of Economic Terms:

Free Zone
Frictional Unemployment
Full Employment
General Equilibrium
General Equilibrium Theory
Generation X

Browse Economic Terms By First Letter:

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | Z |

Browse Business Dictionary By Category:

Main | Business | Accounting | Insurance | Economic | Real Estate | Metal Trading | Trading | Business Agreement | Industry | Marketing | Human Resource | Transportation | Environment | Quality Control | Ecommerce | Inventory Control | Business Communications | Logistics | Customer Relation |