WAEC Commerce 2007 Question 23

Question 23

Foreign Trade

Importing goods into a country for re-exporting is known as

  1. A.home trade
  2. B.retail trade
  3. C.entrepôt trade
  4. D.counter trade.
Show the answer and explanation

Answer: C (entrepôt trade)

Explanation

Importing to re-export is entrepôt trade.