{"id":3464,"date":"2024-03-05T15:50:29","date_gmt":"2024-03-05T15:50:29","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=3464"},"modified":"2024-03-05T15:50:29","modified_gmt":"2024-03-05T15:50:29","slug":"free-trade-zone-is-one","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/","title":{"rendered":"Free trade zone is one"},"content":{"rendered":"

[amp_mcq option1=”where trade is done without restriction” option2=”where any entrepreneur our is free to start industries” option3=”where infrastructural facilities are provided free to entrepreneurs by the government” option4=”where industries are free from excise duties and produce for exports” correct=”option1″]<\/p>\n

The correct answer is (a).<\/p>\n

A free trade zone is an area where goods can be imported and exported without paying customs duties or other taxes. This allows businesses to operate more efficiently and cost-effectively. Free trade zones are often located near ports or airports, making it easy for businesses to ship goods in and out.<\/p>\n

Option (b) is incorrect because it is not a defining characteristic of a free trade zone. While some free trade zones may allow any entrepreneur to start an industry, this is not always the case. In some cases, there may be restrictions on the types of businesses that can operate in a free trade zone.<\/p>\n

Option (c) is incorrect because it is not a defining characteristic of a free trade zone. While some free trade zones may provide infrastructural facilities to entrepreneurs, this is not always the case. In some cases, businesses may have to pay for these facilities themselves.<\/p>\n

Option (d) is incorrect because it is not a defining characteristic of a free trade zone. While some free trade zones may exempt industries from excise duties, this is not always the case. In some cases, businesses may have to pay these duties.<\/p>\n

In conclusion, the correct answer is (a). A free trade zone is one where trade is done without restriction.<\/p>\n","protected":false},"excerpt":{"rendered":"

[amp_mcq option1=”where trade is done without restriction” option2=”where any entrepreneur our is free to start industries” option3=”where infrastructural facilities are provided free to entrepreneurs by the government” option4=”where industries are free from excise duties and produce for exports” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-3464","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"\nFree trade zone is one<\/title>\n<meta name=\"description\" content=\"A free trade zone is an area where goods can be imported and exported without paying customs duties or other taxes. This allows businesses to operate more efficiently and cost-effectively. Free trade zones are often located near ports or airports, making it easy for businesses to ship goods in and out.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Free trade zone is one\" \/>\n<meta property=\"og:description\" content=\"A free trade zone is an area where goods can be imported and exported without paying customs duties or other taxes. This allows businesses to operate more efficiently and cost-effectively. Free trade zones are often located near ports or airports, making it easy for businesses to ship goods in and out.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-05T15:50:29+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Free trade zone is one","description":"A free trade zone is an area where goods can be imported and exported without paying customs duties or other taxes. This allows businesses to operate more efficiently and cost-effectively. Free trade zones are often located near ports or airports, making it easy for businesses to ship goods in and out.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/","og_locale":"en_US","og_type":"article","og_title":"Free trade zone is one","og_description":"A free trade zone is an area where goods can be imported and exported without paying customs duties or other taxes. This allows businesses to operate more efficiently and cost-effectively. Free trade zones are often located near ports or airports, making it easy for businesses to ship goods in and out.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-03-05T15:50:29+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/","url":"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/","name":"Free trade zone is one","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-03-05T15:50:29+00:00","dateModified":"2024-03-05T15:50:29+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"A free trade zone is an area where goods can be imported and exported without paying customs duties or other taxes. This allows businesses to operate more efficiently and cost-effectively. Free trade zones are often located near ports or airports, making it easy for businesses to ship goods in and out.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/free-trade-zone-is-one\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"Economics","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/economics\/"},{"@type":"ListItem","position":4,"name":"Free trade zone is one"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/3464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=3464"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/3464\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=3464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=3464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=3464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}