Question

How do communication and transportation provide support for the promotion of trade

Answer 1

Answer:

Communication helps in providing information about system and prices of market and transportation helps in transporting raw materials and other things in market or one place to another

hope it helps

Answer 2

Both trade and communication help in market growth, physical access to resources and much more.

• Transport has made it possible to move people, ideas, and technology from one nation to another, aiding in progress. This promotes the development of positive connections with others.
• Interaction between citizens of other nations is made possible through communication, aiding in the nation's progress. This contributes to bettering trading prospects as well.
• They support the promotion of trade as -

1. Individuals and companies all over the world can now exchange valuable information thanks to increased communication flow and transportation facilities.
2. Market growth is another requirement for economic progress. Because transportation and communication infrastructure makes it easier to move products and services from one location to another, it aids in market expansion.
3. Environmental security is also advancing among nations. Growth in cross-border connections, trade and interdependence among nations describe it.
4. Additionally, the use of communication and transportation may promote economic growth and reduce poverty. Nations continue to make investments in emerging nations, which leads to the development of jobs for the underprivileged.

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