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Questions and Answers
According to the Special Economic Zone Act of 1995, what is the declared policy of the government?
According to the Special Economic Zone Act of 1995, what is the declared policy of the government?
- To promote the use of foreign labor
- To provide incentives to needed investments (correct)
- To limit the use of locally produced goods
- To discourage private enterprise
What is the purpose of the Special Economic Zone Act of 1995?
What is the purpose of the Special Economic Zone Act of 1995?
- To discourage private enterprise
- To promote the use of foreign materials
- To limit industrial development in the country
- To provide jobs to the people (correct)
What is the role of the private sector according to the 1987 Constitution?
What is the role of the private sector according to the 1987 Constitution?
- To promote the use of foreign labor
- To provide incentives to needed investments (correct)
- To discourage investments
- To limit economic growth
Which of the following is not included in the definition of Special Economic Zones (SEZ) as per the Special Economic Zone Act of 1995?
Which of the following is not included in the definition of Special Economic Zones (SEZ) as per the Special Economic Zone Act of 1995?
What is the difference between an industrial estate (IE) and an export processing zone (EPZ)?
What is the difference between an industrial estate (IE) and an export processing zone (EPZ)?
What is the difference between a free trade zone and a tourist/recreational center within an ECOZONE?
What is the difference between a free trade zone and a tourist/recreational center within an ECOZONE?
Which of the following is NOT included in the definition of an ECOZONE according to the Special Economic Zone Act of 1995?
Which of the following is NOT included in the definition of an ECOZONE according to the Special Economic Zone Act of 1995?
What is the main difference between an industrial estate (IE) and an export processing zone (EPZ)?
What is the main difference between an industrial estate (IE) and an export processing zone (EPZ)?
What is the primary purpose of an export processing zone (EPZ)?
What is the primary purpose of an export processing zone (EPZ)?
What is the primary difference between an industrial estate (IE) and a free trade zone within an ECOZONE?
What is the primary difference between an industrial estate (IE) and a free trade zone within an ECOZONE?
What is the main characteristic of an export processing zone (EPZ)?
What is the main characteristic of an export processing zone (EPZ)?
What is the difference between an ECOZONE and a tourist/recreational center within an ECOZONE?
What is the difference between an ECOZONE and a tourist/recreational center within an ECOZONE?
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