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Commerce · Q94

Business and Commerce

Graduate and Post Graduate · Commerce · question 94

Q94

Importing goods for the purpose of re-export is termed as ___________.

A.
Entrepot trade
Answer
B.
Import trade
C.
Export trade
D.
wholesale trade

Answer: Option A

Solution

Answer: Option A
Solution:
Importing goods for the purpose of re-export is termed as Entrepot trade. If goods are imported from one country with the purpose of re- exporting to another, it is called Entrepot trade.