The purchase of goods from a Foreign Country is called _____.

(a)

Import

(b)

Export

(c)

Entrepot

(d)

Re-export

_____ acts as a connective link between the producer and the consumer.

(a)

Trade

(b)

Industry

(c)

Commerce

(d)

Business

Domestic Trade is otherwise called as ______________

(a)

Home Trade

(b)

Foreign Trade

(c)

International Trade

(d)

Entrepot Trade

A retailer deals in ________ varieties of goods.

(a)

Same

(b)

Different

(c)

One

(d)

Two

Trade transfers _____

(a)

Possessions of goods only

(b)

Ownership of goods only

(c)

Both (a) & (b)

(d)

None

Hero Pens produced in china and sold in India is _____________

(a)

Import trade

(b)

Export trade

(c)

Extrepot trade

(d)

Re export trade

India imports petroleum products from Gulf countries. This is the example for_______.

(a)

Wholesale Trade

(b)

Retail Trade

(c)

Entrepot Trade

(d)

Import Trade

______trade is a trade between a seller and buyer of different countries.

(a)

Foreign

(b)

Export

(c)

Entrepot

(d)

Home

Selling of Tea from India to England - What type of trade is this?

(a)

Export

(b)

Import

(c)

Enterpot

(d)

Home

Hero pens produced in China and sold in India is an example for ________trade.

(a)

Foreign

(b)

Home

(c)

Export  

(d)

Enterpot