explain auxiliaries for trade
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Auxiliaries to trade are the activities that facilitate the trading process. There are various auxiliaries to trade like banking and finance, advertising, warehousing etc.
rohan1244:
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Hi Anvi
Auxiliaries are things which facilitate in running of business by removal of hindrances.
They are:
Hindrances : Removed by
Person - place
Place. - Transportation
Risk. - insurance
Knowledge. - advertisement
Time. - warehousing
Finance. - bank&finance
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