Q.Write a short note on: Entrepot trade

Entrepot trade means importing goods from one country and then re-exporting them to another country, rather than consuming them at home; it is also called re-export trade.

Entrepot trade is a type of foreign trade in which goods are imported from one country not for use in the importing country but for the purpose of re-exporting them to some other country, sometimes after minor processing, grading or re-packing. Thus it is a combination of import and export. For example, if goods are brought into India from Japan and then sold and exported to Sri Lanka, it is entrepot trade. Countries with well-developed ports and trade faciliti …