Entrepôt trade refers to a form of foreign trade where imported goods are stored and subsequently re-exported to another country without undergoing further processing or transformation.
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The statement is True. Entrepôt trade is the branch of foreign trade involving the re-exportation of imported merchandise to another destination without further processing.
Entrepôt trade specifically describes the process of importing goods into a country and re-exporting them to another country without processing or changing their essential nature.
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Classification of Foreign Trade (Entrepôt Trade)