Study the following case/situation and express your opinion.'

Anurag is selling goods to Japan. Kavita is buying goods from USA where as Ganesh is buying raw material from South Africa and after processing it sells finished goods to Malaysia.

(i) Who is exporter?

(ii) Who is importer?

(iii) What is Entrepot Trade?

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1 Answers

(i) Anurag is the exporter.

(ii) Kavita is an importer.

(iii) Enterpot trade is re-exporting of the goods to another country, with or without processing or re-packaging, e.g. Ganesh buying raw materials from South Africa and processing it and selling it to Malaysia.

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