what is foreign trade? what are import trade, export trade, and entrepot trade? discuss it's importance and the related problems in foreign Trade
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Forging Trade is the exchange of goods and services between two or more ,countries.
Import trade is the purchases goods or services from the foreign country.
Export trade is good or service are moves to another countries.
Entrepot trade is in which imported goods and reexported with or without any additional process or package
Import trade is the purchases goods or services from the foreign country.
Export trade is good or service are moves to another countries.
Entrepot trade is in which imported goods and reexported with or without any additional process or package
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Answer:
Foreign trade is the mutual exchange of services or goods between international regions and borders.
Entrepot trade, in simple terms, is a specific form of foreign trade that comprises both – import and export trade. Under this type, goods and services are imported from one country so that they can further be exported to another country.
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