Globalization of foreign trade zones: the case of the united states

Applying the Concept of Neighboring Country Dynamics in Globalization

“…Research on SEZs in the U.S. focusing on globalization or that is multidimensional is limited to a few authors and publications (Beenhakker and Damanpour, 1992;Jones, 2009;Tiefenbrun, 2013;Griswold, 2013Griswold, , 2015. Usually, the main focus is on the economic implications of their creation and functioning.…”

Free trade zones: characteristics and tennant behaviour

“…The studies in more recent years have largely focused on identifying the U.S./FTZ benefits for local firms. Beenhakker and Damanpour (1992) and Mathur (1993) identify three major benefits for firms operating in the U.S./FTZs: (1) tariff deferral on domestic shipped goods, (2) tariff reduction by selecting the lowest tariff in advance, and (3) tariff avoidance on foreign content or goods to be transhipped. Primarily the U.S. importers 27 who pay lower duties on finished goods than on the component parts use these benefits.…”