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What is the title of the act that provides for the legal framework and mechanisms for the creation of special economic zones in the Philippines?
What is the title of the act that provides for the legal framework and mechanisms for the creation of special economic zones in the Philippines?
- The Republic Act on Economic Zone Creation
- The Philippine Economic Zone Authority Act
- The Act on Special Economic Zones in the Philippines
- The Special Economic Zone Act of 1995 (correct)
What is the declared policy of the government, as mentioned in the text?
What is the declared policy of the government, as mentioned in the text?
- To limit the role of the private sector in the economy
- To discourage private enterprise and investments
- To promote the use of private sector resources (correct)
- To provide incentives only to public sector investments
What is the name of the authority created for the operation and administration of special economic zones in the Philippines?
What is the name of the authority created for the operation and administration of special economic zones in the Philippines?
- The Philippine Economic Zone Authority (PEZA) (correct)
- The Special Economic Zone Coordination Authority (SEZCA)
- The Economic Zone Management Bureau (EZMB)
- The Special Economic Zone Development Agency (SEZDA)
What is the title of the act that provides for the legal framework and mechanisms for the creation, operation, administration, and coordination of special economic zones in the Philippines?
What is the title of the act that provides for the legal framework and mechanisms for the creation, operation, administration, and coordination of special economic zones in the Philippines?
What is the main purpose of the act mentioned in the text?
What is the main purpose of the act mentioned in the text?
What is the role of the private sector, according to the 1987 Constitution mentioned in the text?
What is the role of the private sector, according to the 1987 Constitution mentioned in the text?
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