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Question
What is the primary purpose of the entrepot trade in international commerce?
Options
To manufacture goods for local consumption.
To import goods for storage and re-export.
To sell goods directly to consumers.
To impose high tariffs on goods.
MCQ
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Solution
To import goods for storage and re-export.
Explanation:
Entrepot trade mainly involves importing goods, storing or processing them minimally, and then re-exporting to another country.
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