Free-trade zone

Okay, kiddo, a free-trade zone is like a gigantic playground for grown-ups where everyone can bring their toys and play together without any rules or restrictions!

Imagine you have a lot of toys that other kids also want to play with, but you don't want to give them away all the time because you might want to play with them again later. Now, imagine you are allowed to bring your toys to a specific playground, where all the other kids also bring their toys. On this playground, you all can play together and borrow each other's toys without having to worry about giving them away or not getting them back.

In a free-trade zone, countries do not have to pay taxes or follow specific rules when they trade goods and services with each other. This way, everyone can benefit from each other's resources without facing many restrictions or barriers.

The best part is that the free-trade zone helps everyone save a lot of money and resources because they don't have to pay extra taxes or fees for importing and exporting goods. This makes it easier for businesses to trade with other countries, which can make the world a better place for everyone. So, just like the playground, the free-trade zone is a fun and safe place for grown-ups to trade their goods and services with each other.