Firms that stand to gain from the institutional framework of a free trade zone (FTZ) usually opt for locations in the FTZ region where they could expect higher returns on investment. This concentration of industries in FTZs can result in a reallocation of productivity. potentially leading to the "hollowing out" effect in existing industries. which can have a beggar-thy-neighbour effec... https://spencertifieders.shop/product-category/speaker-components/