The Role of Foreign Trade Zones in Business Strategy

This article discusses the competitive advantage firms can derive from the wise utilization of foreign trade zones. Recent environmental changes which have necessitated an increasing use of FTZs are discussed, as well as the benefits offered by FTZs as compared to other government tariff incentive programs. Several examples demonstrate the various ways information is given regarding the money required and the time involved in the establishment and use of an FTZ or a subzone.