Although the Foreign Trade Zones Act became law in 1934, only within the last decade have firms realized their potential. Foreign merchandise enters a zone immune to tariffs, quotas, and customs procedures. Merchandise may be processed into the U.S. or exported; in fact, most goods are imported. The manufacturing sector has rather quietly been taking advantage of “inverted” or “upside-down” tariffs. This article confines itself to a descriptive analysis leading to rudimentary theory.
| Identifer | oai:union.ndltd.org:ETSU/oai:dc.etsu.edu:etsu-works-14685 |
| Date | 01 January 1988 |
| Creators | Alavi, Jafar, Thompson, Henry |
| Publisher | Digital Commons @ East Tennessee State University |
| Source Sets | East Tennessee State University |
| Detected Language | English |
| Type | text |
| Source | ETSU Faculty Works |
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