Foreign Trade Zones and Its Economic Beneficiates Throughout the centuries, various forms of duty-free areas have existed in many parts of the world to facilitate trade by lessening the effect of custom restrictions. This type of free trade is what the United States trade policies are based on. Within the theoretical model of free trade world leaders has recognizes the economic beneficiates of free trade; world leaders acknowledges that there will be a cost resulting …showed first 75 words of 645 total…

…showed last 75 words of 645 total…components, no duties need ever be paid when the finished product is exported. If the United States expect to regain the top spot and compete with the other countries Foreign - Trade Zone they must provide a better legal and regulatory framework for Foreign - Trade Zone along with restructuring some of the counterproductive tariff. If not the U.S. will continue to lose ground and job to what we now know as out sourcing.