Multiple choice

Entrepot Trade refers to

  1. Purchase of goods from foreign countries

  2. Importing goods from foreign countries for the purpose of exporting them to a foreign country

  3. Sale of goods to foreign countries

  4. None of these.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Right answer because it is known as entrepot trade in which goods are imported from foreign countries not for domestic consumption, but for exporting them to a foreign country. For instance gems and jewellery is imported from America and exported to Sri Lanka.

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