Multiple choice

The warehouse which is used for international trade is

  1. bonded warehouse

  2. public warehouse

  3. government warehouse

  4. cooperative warehouse

  5. none of these
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A Correct answer
Explanation

Bonded warehouse is the warehouse that is used to accept imported goods. Bonded warehouses are licensed by the government to accept imported goods before the payment of tax and customs duty by the importer of such goods. Hence, bonded warehouse is used for international trade as goods are imported from another country.

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