Which term denotes zones registered with PEZA such as Clark Freeport Zone and Subic Bay Freeport Zone?

Which term denotes zones registered with PEZA such as Clark Freeport Zone and Subic Bay Freeport Zone?

• A. Export Declaration
• B. Goods Declaration
• C. Free Zone
• D. Importation

Answer: (C)

Zones registered with PEZA are called Free Zones. Clark Freeport Zone and Subic Bay Freeport Zone are classic examples of these designated areas created to encourage investment and export‑oriented activity, offering incentives under PEZA. The other terms refer to actions or documents related to moving goods across borders (export declarations, goods declarations) or bringing goods into the country (importation), not to the naming of the zones themselves.

Zones registered with PEZA are called Free Zones. Clark Freeport Zone and Subic Bay Freeport Zone are classic examples of these designated areas created to encourage investment and export‑oriented activity, offering incentives under PEZA. The other terms refer to actions or documents related to moving goods across borders (export declarations, goods declarations) or bringing goods into the country (importation), not to the naming of the zones themselves.