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Foreign and domestic merchandise may be moved into Foreign Trade Zones (unless prohibited by law), for activities such as storage, exhibition, assembly, manufacturing, and processing. Foreign and domestic merchandise may be moved into Foreign Trade Zones (unless prohibited by law), for activities such as storage, exhibition, assembly, manufacturing, and processing. True

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There are different types of trade zones. Foreign and domestic merchandise may be moved into Foreign Trade Zones is a true statement.

  • Foreign-Trade Zones (FTZ) are known to be well secure regions under U.S. Customs and Border Protection (CBP) supervision that are known to be outside CBP territory and are considered outside the U.S. commerce.  

These Trade Zones are found in or near CBP ports of entry that are legalized by the Foreign Trade Zones Board.

Foreign and domestic goods can be transported into zones for work, may not be hindered by law. Theses including storage, exhibition, assembly, manufacturing etc.

It is known as a stated location in the United States where companies use special customs rules that help boast U.S. activity and value added services.

Learn more about Foreign-Trade Zones from

https://brainly.com/question/8515719

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