If Karamo who lives in The Gambia imports goods from Senegal and later sells them...
COMMERCE
WAEC 2011
If Karamo who lives in The Gambia imports goods from Senegal and later sells them in Guinea Bissau; Karamo is engaged in
- A. multi-lateral trade
- B. counter trade
- C. barter trade
- D. entrepot trade
Correct Answer: D. entrepot trade
Explanation
Entreport is a trade in which imported goods are re-exported with or without any additional processing or repackaging.
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