Question 14 of 26
Q.Purchase of goods and services from one country and selling them to another country is ______
(a) Entrepot trade
(b) Import trade
(c) Export trade
(d) National trade
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2022MCQ· 1mImportance★★★★★
54% · 14/26 Questions
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Start your 14-day free trial to unlock the full solution →The correct option is Entrepot trade — importing goods from one country and re-exporting them to another country (also called re-export trade).
Foreign trade has three types:
| Type | Meaning |
|---|---|
| Import trade | Buying goods from other countries |
| Export trade | Selling goods to other countries |
| Entrepot trade | Importing goods to re-export them to a third country |
| … |
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