Question

Q15. Name the part of commerce which helps the process of trading goods and services (a) Trade (b) Auxiliaries to trade (c) Assistance to trade (d) All of these​

Answer 1

Answer:

Auxiliaries to trade

Explanation:

There all various for galleries to trade which help in removing various hindrances for smooth flowing of business.

The common auxiliaries are:

1. Advertising

2. Insurance

3. Warehousing

4. Transport and communication

5. Banking and finance

Due to these auxiliary or aids to trade buying and selling of goods is made easier. Together they constitute service sector or tertiary sector of Commerce.

Answer 2

Answer:

Name the part of commerce which helps the process of trading goods and services (a) Trade (b) Auxiliaries to trade (c) Assistance to trade (d) All of these