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प्रश्न
Justify the following statement.
A combination of import-export trade is entrepot trade.
उत्तर
- Import, export, and entrepot trade are parts of foreign trade.
- When the goods are purchased from other countries it is called import trade.
- When the goods are sold to' other countries it is called export trade.
- A combination of import and export trade is called entrepot trade.
- In the case of entrepot trade goods are first purchased from one country i.e. imported and then sold to or exported to other countries.
- E.g. Indian trader purchased some computers from japan and sold them to Sri Lanka Will be included in entrepot trade
- Thus, entrepot trade is a combination of import and export trade.
APPEARS IN
संबंधित प्रश्न
Select the correct option and rewrite the sentence.
The problem of distance is solved by _______
Give one word/phrase/term.
An aid to trade which creates time utility.
Complete the sentence.
Economic activities are those activities which are conducted to Earn ___________
______ includes marketing of goods and services.
Complete the sentence.
Business is an _______ activity.
Complete the sentence.
The basic purpose of _________ is to earn profit;
Complete the sentence.
_______ is considered as a reward for assuming several business risks.
Complete the sentence.
In ________ trade, goods are purchased and sold in bulk.
Complete the sentence.
_________ is the link between wholesaler and customer.
Select the correct option.
| Group A | Group B |
| ______________________ | Link between producer and retailer |
Answer in brief.
State any four auxiliaries to trade.
Justify the following statement.
Risk is inevitable in business activities.
Justify the following statement.
Transport creates place utility.
Justify the following statement.
Wholesaler is a link between retailer and manufacturer.
Justify the following statement.
Business is part of economic activities.
Justify the following statement.
Changing fashions is one of the important causes of business risk.
Attempt the following.
State the role of auxiliaries to trade in trading activities.
Attempt the following.
Describe the scope of internal trade.
