Who is Mr. Bhardwaj? What kind of Trade is done by Mr. Bhardwaj? Who is Mr. Thomsan?

Question

Study the following case/situation and express your opinion:

Mr. Bhardwaj an Indian businessman purchased goods from Mr. Chen Tsiany of Rs 1,20,000/ A and sold the same goods to Mr. Thomsan in Britain for Rs 1,50,000/-.

1. Who is Mr. Bhardwaj?

2. What kind of Trade is done by Mr. Bhardwaj?

3. Who is Mr. Thomsan?

Answer 1

1. Indian exporter and importer.

2. Entrepot Trade.

3. Importer