entrepôt trade
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entrepôt trade
a form of INTERNATIONAL TRADE, mainly confined to COMMODITIES such as tin and tea, where goods are temporarily imported into a country and then subsequently re-exported to other countries as part of a complex chain of physical distribution and financing deals. See FREEPORT.Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
entrepot trade
a commercial operation whereby goods are imported into a country and re-exported without distribution within the importing country (see IMPORTS, EXPORTS).Entrepot transactions are confined in the main to COMMODITIES such as tea and tin, where a MIDDLEMAN located in a particular commodity centre (London, for example, in the case of tea and tin) can arrange for the sale of the commodity and its world-wide shipment to customer countries.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005