Foreign Trade of India — Economics STD 12 Commerce / Arts — Question

1. Export trade means sale of goods by one country to another country.
2. E.g. India selling its spices to USA, China, etc.

Entrepot trade:

1. Entrepot trade means purchase of goods and services from one country and selling them to another country.
2. E.g. Antwerp city of Belgium importing raw diamonds and exporting finished diamonds to other countries.