Question 12
Foreign TradeIf Karamo who lives in The Gambia imports goods from Senegal and later sells them in Guinea Bissau, Karamo is engaged in
- A.multi-lateral trade.
- B.counter trade.
- C.barter trade.
- D.entrepôt trade.
Show the answer and explanation
Answer: D (entrepôt trade.)
Explanation
Importing goods to re-export them is entrepôt trade.