What are the 3 major types of foreign trade?

[Mdraghib]

The three main types of foreign trade are:

1. Import Trade
   This is when a country buys goods or services from another country. For example, if India buys cars from Japan, that's import trade.
2. Export Trade
   This is when a country sells its goods or services to another country. Like when the U.S. sells computers to other countries—that's export trade.
3. Entrepot Trade
   This is a mix of both—buying goods from one country and then selling them to another, usually without making big changes. For example, Singapore might buy electronics from China and then sell them to other countries.