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GCE Commerce 1990 Question 34

Question 34

Foreign Trade

Entrepot Trade refers to

  1. A.importing for domestic consumption
  2. B.importing for industrial use
  3. C.importing for government concerns
  4. D.exporting for factory use
  5. E.importing for re-export
Show the answer and explanation

Answer: E (importing for re-export)

Explanation

Entrepot trade is importing goods in order to export them again.