FEZs

Life cycle of FEZ include these stages:

• 1) creation, development, maturity, decline, death

• 2) creation, development, decline

• 3) creation, development, maturity, decline

• 4) development, maturity, decline

In Russia, Fees are regulated by:

• Federal Law No. 118-FZ "On Special Economic Zones in the Russian Federation"

• Federal Law No. 116-FZ "On Special Economic Zones in the Russian Federation"

• Federal Constitutional Law No. 118-FZ "On Special Economic Zones in the Russian Federation"

• Special law No. 108-FZ "On Special Economic Zones in the Russian Federation"

Which of the following is a Special Economic Zone?

• Zveropolis

• Innopolis

• Gotham City

• Recklinghausen

Free Economic Zones are special designated areas within a country where businesses have to pay additional taxes and tariffs, and have to follow more regulations than in other areas of the country, to promote economic growth and foreign investment.

• True

• False

5 question

"Regional trade agreements",

"The General Agreement on Tariffs and Trade (GATT)",

"The Organization for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises" are:

• international acts

• national acts

The inactive development of the FEZ of the Russian Federation in the 90s can be attributed to several objective reasons:

• the lack of interest on the part of foreign investors is due to unfavorable economic conditions in Russia

• strict government regulations and high taxes in SEZ zones

• lack of state commercial structures ready to accept large investment loans and guarantee their repayment

What is the purpose of Free Economic Zones (FEZ)?

• To impose additional taxes and tariffs on businesses to generate revenue for the government

• To exempt businesses from certain taxes and regulations to promote foreign investment

• To restrict foreign investment in certain sectors of the economy

• To provide subsidies to businesses to incentivize them to invest in designated areas

FEZs are only found in developing countries.

• True

• False

What are the requirements for a company to become a resident of a Free Economic Zone (FEZ)?

A. The company must be incorporated in the host country.

B. The company must have a minimum number of employees.

C. The company must invest a certain amount of capital.

D. The company must be involved in a specific industry or sector.

• Only A is correct

• Only C is correct

• Both A and C are correct

• All of the above are correct