Question

Describe aids or auxiliaries to trade. in commerce​

Answer 1

Answer:

Aids to trade includes Transport, Communication, Warehousing, Banking, Insurance, Advertising, Salesmanship, Mercantile agents, Trade promotion organizations in a country and Global organizations for international trade. These important auxiliaries ensure a smooth flow of goods from producers to the consumers.

Answer 2

Aids to Trade: Also known as auxiliaries which provide support to perform activities related to industry and trade. They include activities viz transportation, communication, warehousing, banking and financing, insurance, advertising, other allied services.

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