O-LevelCommerceGlobal trade7100/12 · May/June 2025 · Q131 Mark
Which statement describes what happens in an entrepôt port?
AImported goods are not subject to customs duties.
BImported goods are stored before re-export without payment of customs duties.
CImporters may store goods in bonded warehouses free of any storage charges.
DQuotas are imposed on the imported goods that compete with home industries.
✓ Correct answer
B: Imported goods are stored before re-export without payment of customs duties.
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Global trade and see which topics are most likely to come up next.
Sign up free →