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 Form 4 Business studies lessons and notes on international trade

Advantages of export processing zones

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Answer Text:
Advantages of Export Processing Zones:
-It creates job opportunities to the citizens
-It creates market for locally produced raw materials that they use in their production
-It encourage the foreign investors to invest in the countries, i.e. in the processing zones, increasing the level of investment in the country
-Encourages export in the country as the incentives given to them by the government makes them to produce more and more for export
-It stimulates industrialization in the country in all sector including the ones producing consumptions.


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