Explanation should include foreign trade zones, tax exemptions, quota increases, tariff restrictions, and consumer protection laws.
Process/Skill Questions:
- How do foreign trade zones encourage investment in the host country?
- What are the geographic locations of major United States foreign trade zones?
- What types of tax exemptions are available to trade partners?
- How do quota increases and tariff reductions encourage investment in the host country?
- How can a government use import quotas as a trade barrier?
- How might the consumer protection laws of a country affect international business activities?
- How can taxes be used by the government to encourage or discourage the use of a specific good or service?