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Buy custom Us FTZ Legislative Proposal

Essay's paper info
Topic: Business
Number of pages / Number of words: 7 / 1882
Essay's paper body

This provided a savings of 1% on the value of the imported parts. Assuming the value of the imported parts and inputs is $8,000 per car (as a hypothetical example), the savings (3.5%-2.5%= 1.0%) would be $80 per car, or a benefit of $16 million annually, if the plant operated at full capacity. (Note: the cost of administering the FTZ would subtract an estimated $250,000 from the savings)

CURRENT FTZ PRACTICE (Post WTO Uruguay Round)

An auto company that operates a 200,000 annual unit capacity plant anywhere in the USA, utilizing a FTZ— is currently able to import automotive parts and materials duty free into the FTZ that normally would pay an average 2...


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(Note: the cost of administering the FTZ would subtract an estimated $250,000 from the savings)

CURRENT FTZ PRACTICE (Post WTO Uruguay Round)

An auto company that operates a 200,000 annual unit capacity plant anywhere in the USA, utilizing a FTZ— is currently able to import automotive parts and materials duty free into the FTZ that normally would pay an average 2...


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