GPN 44 EPZs & SEZs

What does EPZ stand for?

• Export Processing Zone

• Economic Policy Zone

• Environmental Protection Zone

• Energy Production Zone

Which of the following is a characteristic of Export Processing Zones?

• A) Develop manufacturing and processing

• B) Attract foreign direct investments

• C) Trade support with entrepots

• D) Ports of entry.

What does SEZ stand for?

• Special Economic Zone

• Secure Energy Zone

• Social Enterprise Zone

• Sustainable Environment Zone

Word which means taxes paid to import and export goods.

• Tariff

• Tarif

• Tarrif

• Tarriff

Fill in the blank: EPZs and SEZs can lead to a high dependency ratio in ________ areas.

• rural

• urban

• coastal

• industrial

Which is NOT a real type of free zone?

• Free port

• Free trade zone

• Special economic zone

• Free domestic zone

Fill in the blank: EPZs and SEZs are used by governments to boost ________.

• industrial output

• local employment

• environmental protection

• cultural heritage

Which of the following is NOT a characteristic of a Free Trade Zone?

• A) Trade support with entrepots

• B) Domestic and re-exports

• C) Attracting foreign direct investments

• D) Ports of entry

What is the main aim of setting up a special trade zone?

• Boost industrial output

• Increase local taxes

• Reduce foreign investments

• Limit international trade

Which region showed the highest foreign direct investment as a share of GDP in 2020?

• South Asia

• Sub-Saharan Africa

• World

• Europe