Which Philippine government agency, formerly the Export Processing Zone Authority, administers economic zones?
Answer and explanation
Correct answer: A. the Philippine Economic Zone Authority (PEZA)
- Step 1: The Philippine Economic Zone Authority (PEZA), formerly known as the Foreign Trade Zone Authority (FTZA) and Export Processing Zone Authority (EPZA), is a Philippine government agency attached to the Department of Trade and Industry. Answer: the Philippine Economic Zone Authority (PEZA). Why not the others: None of these fit: The Board of Investments regulatory council; The Subic Bay Metropolitan Authority; The Clark Development Corporation agency.
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