| 单词 | free trade zone (FTZ) |
| 释义 | free trade zone (FTZ)Definition 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. Use 'free trade zone (FTZ)' in a SentenceWhen you are in a free trade zone you can find some great deals on products because no one is taxing them. The free trade zone was to be the location of the international goods transfer so we had our team ready and waiting there. I was glad to work within the free trade zone, because it allowed me to do things I could not do before in my home country. |
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