New NABARD Grade A : How to prepare ESI for Prelims & Mains- Sources & Strategy
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Question

_______ is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging.

A Internal Trade Correct Answer Incorrect Answer
B External Trade Correct Answer Incorrect Answer
C International Trade Correct Answer Incorrect Answer
D Bilateral Trade Correct Answer Incorrect Answer
E Enterport Trade Correct Answer Incorrect Answer

Solution

It is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging. Entrepotis mainly used to refer to duty-free ports with the high volume or re-export trade. At entrepot, goods do not face any import and export duties upon shipment from the port.

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