Import tariff or some specified taxes. In addition, freeports may be granted special dispensation

Regarding legislation affecting businesses in the domestic market outside the port, such as employment

Conditions, health and safety regulations and development planning. There are several hundred

Such ports throughout the world. In 1984 the UK government gave approval for the setting up

Of freeports, in which imports were free of customs tariffs, excise duties and value-added tax. Goods

Become liable to these taxes only when they pass from the freeport zone into the domestic market.

In 1990, the government extended the scheme for a further ten years.

Commentary and Notes to Text 21.7.1.5

The compelling logic of the case for free trade — убедительные аргументы в пользу свободной

Торговли

A side benefit of free trade — побочные выгоды от свободной торговли

To deter monopoly — ограничивать, сдерживать монополию

Cargo — груз

Excise duties — акцизные пошлины

Match the following terms with the correct definition

Work with a partner.

Enterprise zones 2. fre-trade area (zone)3 terop.f6 seilcea fo.cer5aodnm tsevi foermtcen i troxpte4

A) Preferential treatment for firms that sel their products abroad, compared with firms that sel to the home market. They may take the form of direct subsidies, speciba)l credit facilities, grants, concesions in the field of directaxation, benefits arising