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Difference between import export and entrepot

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Difference between import export and entrepot

Posted by Kavyapreet Singh Ahuja 4 years, 5 months ago

CBSE > Class 11 > Business Studies

1 answers

Karamjeet Anmol 4 years, 5 months ago

When goods are purchased from foreign countries, it is called import. When goods are sold to foreign countries, it is called export. When goods are imported from one country to export them in another country, it is called entrepot trade. In simple words it is like a middleman or broker

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