Ask Question
15 October, 18:09

Special economic zones are areas with less government regulation designed to

+3
Answers (2)
  1. 15 October, 21:27
    0
    Special Economic Zones (SEZ) are areas with less government regulation designed to strengthen free market economies.

    Explanation:

    Since these areas are a fundamental tool for the economic development of countries, special laws are generally made (specially) for these areas in order to promote foreign investment, create new infrastructures, generate new jobs, and diversify export markets. Benefits are offered to companies to increase their competitiveness.

    These areas generate a regional value chain by integrating into the local business network and at the same time they guarantee participation in global value chains that have structural impacts on the economy of the country in which they are located.
  2. 15 October, 21:33
    0
    B: Make conducting business easier

    Explanation:

    Special economic zones' purpose was to incorporate aspects of a free-market and have less government regulation leading to an easier conduction of global business.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Special economic zones are areas with less government regulation designed to ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers