what is meant hy meant by re-export
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Answer:
Re-exports means export of foreign goods which already imported to the country from a foreign country. ... However, if any goods already imported in to a country and the same goods are again exported to either to same country or to some other country, such movement of goods is called 'Re export'.
Answered by
13
Answer:
- Re-exports means export of foreign goods which already imported to the country from a foreign country.
- However, if any goods already imported in to a country and the same goods are again exported to either to same country or to some other country, such movement of goods is called 'Re export'.
Explanation:
✰More to know✰
How does re export work?
- Re-exportation, also called entrepot trade, may occur when one member of a free trade agreement charges lower tariffs to external nations to win trade, and then re-exports the same product to another partner in the trade agreement, but tariff-free.
- Re-exportation can be used to avoid sanctions by other nations.
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