Types of trade - SS1 Commerce Past Questions and Answers - page 1
1
What is home trade?
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A
The buying and selling of goods and services within a single country
B
The exchange of goods between different countries
C
The storage and transshipment of goods in a trading hub
2
What is foreign trade?
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A
The buying and selling of goods and services within a single country
B
The exchange of goods between different countries
C
The storage and transshipment of goods in a trading hub
3
What is entrepot trade?
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A
The buying and selling of goods and services within a single country
B
The exchange of goods between different countries
C
The storage and transshipment of goods in a trading hub
4
Which type of trade involves the export and import of goods across international borders?
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A
Foreign trade
B
Home trade
C
Entrepot trade
5
Which type of trade focuses on the exchange of goods within a single country?
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A
Foreign trade
B
Home trade
C
Entrepot trade
6
Which type of trade acts as an intermediary for goods passing through its territory?
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A
Home trade
B
Foreign trade
C
Entrepot trade
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