'Entrepot trade' refers to
Aimporting goods for re-export to other countries
Btrade within a country
Cbuying raw materials
Dselling to final consumers
Answer & Solution
Correct answer: A. importing goods for re-export to other countries
Entrepot (re-export) trade is importing goods from one country to export them to another.
Keep practising Nature and Forms of Business Organisations
Browse all Nature and Forms of Business Organisations questions for AP Intermediate 1st Year, or explore more Business Studies topics.
Related questions
How does an Indian firm gain from a partner's established brand?Why do foreign partners gain from low production cost in India?Entering the vast Indian market through a joint venture is which benefit?How are joint venture companies incorporated in India treated in law?What is the key operative factor in an equity-based joint venture?Which relationship is a typical example of a contractual joint venture?What distinguishes a contractual joint venture?Into which two types are joint ventures divided?