Title: Examine incentives offered by federal, state, and local organizations or entities to encourage foreign direct investment (FDI).
Course: Opportunities in Global Trade, Advanced (12056-II) > Section: Identifying Organizations and Agencies that Support Global Commerce

Examination should include the costs and benefits of such incentives as

- duty drawback
- foreign trade zones (FTZs)
- state and local economic development incentives.

Examination should include comparing Virginia to other competitor states as a place to invest and the business recruitment programs utilized by the Virginia Economic Development Partnership (VEDP) to incentivize doing business in Virginia.

Process/Skill Questions:

- What are the pros and cons of duty drawback? Of FTZs?
- Who benefits most from duty drawback? From FTZs?
- What is an example of an FTZ?
- How does Virginia compare to major competitor states in the South as a place to invest and do business?
- How might the consumer protection laws of a country affect international business activities?
- How can taxes be used by the government to encourage or discourage the use of a specific good or service?