Answer to Question #67443 in Economics of Enterprise for Bhumika

Question #67443
are 100% export oriented units industries?
1
Expert's answer
2017-04-17T09:42:05-0400
The 100% Export Oriented Units and Export Processing Zones are set up as enclaves separated from the Domestic Tariff Area by both physical and procedural barriers and are intended to provide a duty-free and incentive-oriented environment for export production at low-cost internationally competitive terms - both in terms of price and quality. And since at least 75% of the goods produced have to be exported, the units can dedicate themselves to increasing exports and earn foreign exchange for the country.

Reference:
https://www.iiem.com/em/export_documentation/chapter9.html

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS