Identify and explain the concept from the given illustration: England imported cotton from India, made readyma

Question 17 of 26

Q. Identify and explain the concept from the given illustration: England imported cotton from India, made readymade garments from it and sold them to Malaysia.

Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2023Subjective· 2mImportance★★★★★

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The illustration is an example of Entrepot Trade — a type of foreign trade in which goods are imported from one country and then re-exported (often after some processing) to another country.

Foreign trade is of three types: import trade (buying from abroad), export trade (selling abroad) and entrepot trade (re-export trade). In entrepot trade, a country imports goods not for its own final consumption but to process and/or re-export them to a third country.

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Same / Similar Concept — real previous-year questions on the same or a closely similar concept, not this exact question.

CBSE 2025Set ANNUAL1 mark
$Q. Complete the correlation: Internal Trade : Home Trade :: International Trade : ______$
›Reveal solutionSolution

The missing term is Foreign Trade (also called External Trade).

Trade is classified by where it takes place. Trade conducted within a nation's own borders is internal or home trade. Trade conducted between two or more countries — exports and imports across national boundaries — is called international trade, which is the same as foreign trade or external trade. So just as inter …

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CBSE 2022Set ANNUAL1 markMCQ
$Q. Purchase of goods and services from one country and selling them to another country is ______$
(a) Entrepot trade
(b) Import trade
(c) Export trade
(d) National trade
›Reveal solutionSolution

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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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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Q.Identify and explain the concept from the given illustration:
England imported cotton from India, made readymade garments from it and sold them to Malaysia.

Concept understanding — Foreign Trade — Meaning, Types and Distinction from Internal Trade

Q.Identify and explain the concept from the given illustration: England imported cotton from India, made readymade garments from it and sold them to Malaysia.

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Q.Identify and explain the concept from the given illustration:
England imported cotton from India, made readymade garments from it and sold them to Malaysia.

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