types of external trade?
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On the basis of sale and purchase of goods and services, external trade can be divided into three kinds. They are: (a) Import trade (b) Export trade (c) Entrepot trade Let us discuss details about them. When the busness firm of a country purchases goods from the firm of another country, it is called Import trade.
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On the basis of sale and purchase of goods and services, external trade can be divided into three kinds. They are: (a) Import trade (b) Export trade (c) Entrepot trade Let us discuss details about them. When the busness firm of a country purchases goods from the firm of another country, it is called Import trade.
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