New Enroll in RBI Grade B New Batch - Starts on May 21

    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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