CLEP Social Sciences

Answer - C - The correct term for a port where goods are imported from other parts of the world and then re-exported to foreign locations for profit is entrepôt.

Key Takeaway: An entrepôt is a trading post where merchandise can be imported and exported without paying import duties, usually at a profit from trade conditions. Today, this use has mostly been taken over by customs areas in the entrepôt’s country. Entrepôts were especially relevant in the Middle Ages and in the early modern period, when mercantile trading flourished between Europe and its colonial empires in the Americas and Asia.