Multiple choice

Which of the following is not a type of international trade?

  1. Export Trade

  2. Wholesale Trade

  3. Entrepot Trade

  4. Import Trade

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Wholesale trade is not a type of foriegn or international trade, but of home  or internal trade. In wholesale trade the goods are purchased from manufacturer and sold to the retailer, within the geographical boundaries of country, in large quantities. In wholesale trade both the buyer and purchaser are of same country. For instance sale of plastic products by a merchant from Patna to a merchant from Agra in large quantity is a wholesale trade.

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