Question

When goods are imported from one country and then re exported to some other country is

called

A) imported trade

B) enterpot trade

C) export trade

D) internal trade ​

Answer 1

C) EXPORT TRADE.............

Answer 2

When goods are imported from one country and then re exported to some other country is called entrepot trade.

• This type of trade means re-exporting the goods that a country has imported from some other country.
• These type of goods are are traded at duty free ports because they do not need any additional taxes on them. These goods even need not be re-packaged to send to other countries.
• Singapore exercises this type of trade excessively and is famous for entrepot trades.
• The basic motive of carrying out entrepot trades is selling the goods at high prices.