free trade zone

English

Alternative forms

Noun

free trade zone (plural free trade zones)

  2. (economics) A designated area, usually an subnational one contrasted with the rest of the same country, where goods can be imported, stored, and reexported without customs restrictions or with easier and more affordable customs restrictions than are normally found elsewhere.
    Alternative form: FTZ (initialism)
    Hypernyms: zone, area, region, place
    Hyponym: FTP
    Coordinate terms: free trade area, FTA (usually an international region)

Translations

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