Question

Reported speech of Warburg observed, Economists have studied the institutions that facilitate our trade

Answer 1

Answer:

Warburg observed that economists had studied the institutions that facilitated our trade.

Answer 2

Warburg observed that Economists had studied the institutions that facilitated their trade

Explanation:

• Indirect speech is a way of conveying the content of questions, statements, or other expressions, sans citing them explicitly as it is done in direct speech.
• Indirect speech is also referred to as reported speech, wherein we report what somebody told without speech marks and sans using precisely the same words.
• In grammar, when we report somebody else’s statement in our own words without changing the meaning of that statement, it is known as indirect speech. That is quoting an individual’s words sans using his/her own words and bringing around any change to the meaning of that statement is known as indirect speech or reported speech

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