Explain the hindrance of trade
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Hindrance of exchange: Trade helps overcome hindrance of exchange by making available goods and services to the consumer through selling and buying. Hindrance of information/knowledge: This hindrance can be overcome through communication – by using postal and telecom services.
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Answer: Hindrance of exchange: Trade helps overcome hindrance of exchange by making available goods and services to the consumer through selling and buying. Hindrance of information/knowledge: This hindrance can be overcome through communication – by using postal and telecom services.
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