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Special Economic Zones (SEZ) Flashcards | StudBud
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Special Economic Zones (SEZ)
Special Economic Zones (SEZ)
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Answers
1
What makes SEZs different from the rest of a country?
They have special rules designed to help businesses grow
They have no rules at all
They are only for tourists
They only allow one type of business
2
Special Economic Zones help countries grow by attracting new businesses and investments.
False
True
3
SEZs have the same rules as the rest of the country.
False
True
4
How can SEZs help local communities?
By forcing people to move away
By creating new jobs and improving local areas
By increasing school homework
By closing local shops and businesses
5
How do SEZs make it easier for companies to operate?
By charging extra fees
By closing off trade with other countries
By creating more complex rules
By offering lower taxes and simpler rules
6
What is one possible problem with SEZs?
They have no rules at all
They always solve all problems
All companies always make a profit
Workers might sometimes work long hours under tough conditions
7
How do SEZs help companies?
By making them pay extra taxes
By forcing them to close down
By limiting their trading options
By giving them lower taxes and easier rules
8
What kind of businesses often set up in SEZs?
Companies that produce goods to sell in other countries
Companies that make things only for local use
Only toy companies
Only restaurants
9
What do SEZs usually offer to attract businesses?
Free ice cream for everyone
Extra tax breaks and easier rules
Extra homework for students
Longer work hours
10
What type of companies often join SEZs?
Companies that want to export goods
Companies that don’t trade with other countries
Only toy companies
Only companies that make sports equipment
11
What is a Special Economic Zone (SEZ)?
A wildlife reserve
A sports stadium
A special area where economic rules are different to help companies grow
An amusement park
12
What is one benefit of an SEZ?
It increases taxes
It makes business rules tougher
It stops companies from trading
It helps create jobs and attract new companies
13
Why do governments create SEZs?
To help companies grow by offering lower taxes and simpler
To make business harder
To build more playgrounds
To stop trade with other countries
14
Why do governments create SEZs?
To make taxes higher for everyone
To help improve the economy and attract new businesses
To stop businesses from growing
To limit trade with other countries
15
Which of these is a way that SEZs can help a local community?
They make school homework more difficult
They decrease the number of available jobs
They bring in new companies that create jobs
They force local shops to close
16
Which country is known for starting the first SEZs to help businesses grow?
USA
Canada
China
India
