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Exploring Republic Act No

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Questions and Answers

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?

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?

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?

The Republic Act No. 7916 Signup and view all the answers

What is the main purpose of the act mentioned in the text?

To encourage private enterprise and provide incentives for investments Signup and view all the answers

What is the role of the private sector, according to the 1987 Constitution mentioned in the text?

To provide incentives to needed investments Signup and view all the answers

Exploring Republic Act No

Choose a study mode

Podcast

Questions and Answers

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 declared policy of the government, as mentioned in the text?

What is the name of the authority created for the operation and administration 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 role of the private sector, according to the 1987 Constitution mentioned in the text?

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