passwella.
Menu

GCE Commerce 1989 Question 36

Question 36

Foreign Trade

If a businessman imports stockfish with a view to exporting them to other countries, this form of trade is known as

  1. A.invisible trade
  2. B.entrepot trade
  3. C.export trade
  4. D.import trade
  5. E.bilateral trade
Show the answer and explanation

Answer: B (entrepot trade)

Explanation

Entrepot (re-export) trade is importing goods in order to export them again.