APICS Exam CSCP Topic 1 Question 82 Discussion

Actual exam question for APICS's APICS Certified Supply Chain Professional exam

Question #: 82
Topic #: 1

[All APICS Certified Supply Chain Professional Questions]

Goods can enter a country, undergo further modification, and then be exported without paying customs duties via which of the following designations?

ABonded warehouse

BTrading bloc

CFree trade zone (FTZ)

DCitizen zone

Show Suggested Answer

Suggested Answer: C

According to the APICS CSCP - Supply Chain Management Certification, a free trade zone (FTZ) is a designated area within a country where goods can enter, undergo further modification, and then be exported without paying customs duties or taxes. FTZs are used to encourage foreign trade and investment, reduce transportation costs, and improve supply chain efficiency.

by Bulah at Mar 06, 2024, 01:04 PM

Limited Time Offer

25%

Off

Get Premium CSCP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Blair

2 days ago

I think the answer is C) Free trade zone (FTZ).

upvoted 0 times

...