The candidates performance in this question was not impressive. They could not give clear explanations of the terms as use in International trade. The explanation expected include:
(I) Entreport Trade:
This is a system of trade where goods imported into a country are re-export while the goods are still in the same form as they were received.
(II) Invisible Trade
This is a type of International trade involving intangible products such as services or Banking, shipping services colu requires payment of money.
(III) Counter Trade: This is a system of International trade where countries instead of paying cash for the goods they purchase from other Countries will pay.