What is Entrepôt?
{{italic title}} An '''''entrepôt''''' is a [[trading post]] where [[Product (business)|merchandise]] can be [[Import (international trade)|imported]] and [[export]]ed without paying a [[tariff]]. This is often at a [[Profit (accounting)|profit]]. Sometimes it is more convenient to sell to an entrepôt than to travel long distances along a [[trade route]]. The entrepôt sells the goods at a higher price to others travelling the rest of the route. In modern times [[customs area]]s have largely made such entrepôts obsolete. This type of [[port]] should not be confused with the modern [[French language|French]] use of the word ''[[wikt:entrepôt|entrepôt]]'' meaning [[warehouse]]. == History == Entrepôts date back to the [[middle age]]s. The [[Viking]]s established trade routes with entrepôts at [[Dublin]], [[Wexford]] and [[Waterford]].<ref>''A Companion to Britain in the Later Middle Ages'', ed. S. H. Rigby (Oxford, UK; Malden, MA: Blackwell Publishers, 2003), p. 144</ref> An example of a [[Thirteen Colonies|Colonial American]] entrepôt was in [[Rhode Island]] between 1690 and 1765.<ref>William McLoughlin, ''Rhode Island: A History (States and the Nation)'' (New York: W.W. Norton; Nashville: American Association for State and Local History, 1986), p. 50</ref> == References == {{reflist}} {{stub}} [[Category:Trade]]