state the difference between import, export and entrepot trade
(i) Import trade :- If goods are purchased from another country, if is called
import trade.
(ii) Export Trade :- If goods are sold to other countries it is called export
trade.(iii) Enterpot :- Where goods are imported for export to other countries eg.
Indian firms may import some goods from America and export the service
to Nepal
import trade.
(ii) Export Trade :- If goods are sold to other countries it is called export
trade.(iii) Enterpot :- Where goods are imported for export to other countries eg.
Indian firms may import some goods from America and export the service
to Nepal