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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?
What is the declared policy of the government regarding private enterprise and investments, as stated in the 1987 Constitution?
What is the purpose of the Philippine Economic Zone Authority (PEZA), as stated in the text?
Study Notes
Special Economic Zones in the Philippines
- The act that provides for the legal framework and mechanisms for the creation of special economic zones in the Philippines is the Special Economic Zone Act.
Government Policy on Private Enterprise and Investments
- The declared policy of the government regarding private enterprise and investments is to promote private enterprise and provide incentives to needed investments, as stated in the 1987 Constitution.
Philippine Economic Zone Authority (PEZA)
- The purpose of PEZA is to promote the development of special economic zones and encourage investments in the country.
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Description
Quiz: Understanding Republic Act No. 7916 and the Philippine Economic Zone Authority (PEZA) Test your knowledge about Republic Act No. 7916 and the establishment of the Philippine Economic Zone Authority (PEZA). This quiz will cover the purposes, objectives, and mechanisms involved in creating and operating special economic zones in the Philippines. See how well you understand the legal framework and administration of PEZA.
