Question

Name the trade where import of goods was done before exports of goods

Answer 1

The answer is;

Entrepot trade in which imported goods are re-exported with or without any additional processing or repackaging.

Hope it helps.

Answer 2

Answer:

Entrepot trade is the trade where import of goods is done before export of goods. Entrepot trade is of the kind of external trade.

Explanation:

The goods are imported from one country for the purpose of re-exporting the same good to the other country. It is called Entrepot trade or re-export trade.

The purpose of entrepot trade is to sell goods to the other country at a higher price than import charges caused due to importing goods from the other country.