Art, asked by sitampaswan6603, 1 year ago

Hindrance of exchange in commrce by helping in removing it through banking IS LIKE BANKS ALSO HELP IN FOREIGN TRADE BY ISSUING LETTER OF CREDIT AND FOREIGN CURRENCY the bank helps the producer and the consumers in making and collecting payment

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Answered by Anonymous
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Hindrance of exchange in commrce by helping in removing it through banking.

Commerce removes these hindrances.

Thus, all activities involving the removal of hindrances in the process of exchange are included in commerce.

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