Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business Socio-cultural factors and their influence on business Government intervention in international trade
Assertion (A): An export processing zone is different from free trade zone as it promotes units primarily devoted to exports.
Reasoning (R): Goods imported to a free trade zone may be re-exported without any processing, in the same form. But, goods exported by units in an EPZ are expected to have undergone some value addition by manufacturing/processing
1
(A) is correct and (R) is correct explanation of (A).
2
(A) is correct but (R) is not the correct explanation of (A).
3
(A) is correct but (R) is incorrect.
4
(A) is incorrect but (R) is correct.