Question

name the three types of forien trade​

Answer 1

Answer:

There are three types of international trade: Export Trade, Import Trade and Entrepot Trade.

Answer 2

There are 3 types of trades

Import Trade : Import trade refers to purchase of goods by one country from another country or inflow of goods and services from foreign country to home country.

Export Trade : Export trade refers to the sale of goods by one country to another country or outflow of goods from home country to foreign country.

Entrepot Trade : Entrepot trade is also known as Re-export. It refers to purchase of goods from one country and then selling them to another country after some processing