What is the classification of foreign trade?

1.	What is the classification of foreign trade?
Answer» Types of Foreign Trade: 1. Import Trade: Import trade means buying goods from a foreign country for domestic use. 2. Export Trade: Export trade means the sale of domestic goods to foreign countries. 3. Entrepot Trade: Entrepot trade means importing of goods from one country and exporting the same to foreign countries.

Answer»

Types of Foreign Trade:

1. Import Trade: Import trade means buying goods from a foreign country for domestic use.

2. Export Trade: Export trade means the sale of domestic goods to foreign countries.

3. Entrepot Trade: Entrepot trade means importing of goods from one country and exporting the same to foreign countries.

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What is the classification of foreign trade?

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