GCECommerceIntroduction to Commerce2019

A Lagos-based importer purchases electronics from China and sells them to retailers in Kano. This activity is an example of

AHome trade
BEntrepôt trade
CForeign tradeCORRECT
DRetail trade
AI
Toaster Teacher
Why the answer is C, and why the others tempt you.
Foreign trade (also called international trade) involves the exchange of goods and services between two different countries. Since the transaction is between Nigeria and China, it qualifies as foreign trade (specifically, import trade). Entrepôt trade would require the goods to be re-exported to a third country.
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