Toward a Theory of Foreign Trade Zones
Document Type
Article
Publication Date
1-1-1988
Description
Although the Foreign Trade Zones Act became law in 1934, only within the last decade have firms realized their potential. Foreign merchandise enters a zone immune to tariffs, quotas, and customs procedures. Merchandise may be processed into the U.S. or exported; in fact, most goods are imported. The manufacturing sector has rather quietly been taking advantage of “inverted” or “upside-down” tariffs. This article confines itself to a descriptive analysis leading to rudimentary theory.
Citation Information
Alavi, Jafar; and Thompson, Henry. 1988. Toward a Theory of Foreign Trade Zones. International Trade Journal. Vol.3(2). 203-217. https://doi.org/10.1080/08853908808523665 ISSN: 0885-3908