Q.Write a short note on: Entrepot Trade.

Entrepot trade, also called re-export trade, is international trade in which a country imports goods from one country and re-exports them to another country rather than using them domestically. The country acts as a trading intermediary. ## Meaning of Entrepot Trade Entrepot trade is one of the three types of international trade (import, export and entrepot). It takes place when goods are imported into a country not for home consumption but with the intention of exporting them again to a third country, sometimes after minor processing, grading, sorting or re-packing. The country doing this acts as a middleman or trading hub and earns a margin (commission or profit) on the transaction. Historically, port cities with good trade facilities developed as entrepot centres. For example, goods imported into India and then shipped out to a neighbouring country constitute entrepot trade. It is studied in the AP Intermediate 2nd-year Commerce International Trade chapter. …