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WAEC Commerce 2010 Question 7

Question 7

Foreign Trade

The import of foreign-produced goods to be re-exported is known as

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

Answer: C (entrepôt trade.)

Explanation

Importing goods in order to re-export them is entrepôt trade.