Question

When a merchant imports watches from Japan and re-exports them to Africa, this activity is called______.

Options

• Home Trade

• Entrepot Trade

• Retail Trade

• Wholesale Trade

Answer 1

When a merchant imports watches from Japan and re-exports them to Africa, this activity is called Entrepot Trade.

Explanation:

Entrepot trade involves importing goods from one country and re-exporting them to another country, acting as an intermediary in international commerce.