export processing zone (EPZ)
Definition
Type of free trade zone (FTZ), set up generally in developing countries by their governments to promote industrial and commercial exports. In addition to providing the benefits of a FTZ, these zones offer other incentives such as exemptions from certain taxes and business regulations. Also called development economic zone or special economic zone.
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export processing zone (EPZ) is in the Economics, Politics, & Society and International Trade & Relations subjects.
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