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JAMB Commerce 2010 Question 15

Question 15

Foreign Trade

Entrepot trade usually occurs in

  1. A.exchanging goods within a nation
  2. B.exchanging goods among countries
  3. C.importing goods to be re-exported
  4. D.exporting goods to be re-imported.
Show the answer and explanation

Answer: C (importing goods to be re-exported)

Explanation

Entrepot trade is importing goods in order to re-export them to other countries.