Write A diary on "Trade Center"
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Dear Diary,
Here I come again. Today I have something new to tell you. It's about Trade Center.
But to understand it better, we must know what trade really means. Trade is the economic process involving the buying and selling of goods and services among different parties.
So, a trade center means a place or a building or a town or a city where a large volume of trading is carried out.
A trade center may function locally or nationally or internationally. Because of the commercial activities, a trade center can also be called a financial center. In the present time it generally refers to a city with a strategic location consisting of leading financial institutions, reputed stock exchanges, public and private banks. and trading and insurance companies. Trade centers are equipped with the best infrastructure and commercial systems. A good trade center must have good transportation systems too. Roadways, railways, airways and waterways are very helpful.
Some famous trading cities are New York, Singapore, Hong Kong, Tokyo, Shanghai and London.
Bye for today. I'll meet you again tomorrow. Signing off.
Sunita
Explanation:
Answer:
Date: 04/03/2020
Time: 1:05 AM
Dear Diary,
Here I come again. Today I have something new to tell you. It's about Trade Center.
But to understand it better, we must know what trade really means. Trade is the economic process involving the buying and selling of goods and services among different parties.
So, a trade center means a place or a building or a town or a city where a large volume of trading is carried out.
A trade center may function locally or nationally or internationally. Because of the commercial activities, a trade center can also be called a financial center. In the present time it generally refers to a city with a strategic location consisting of leading financial institutions, reputed stock exchanges, public and private banks. and trading and insurance companies. Trade centers are equipped with the best infrastructure and commercial systems. A good trade center must have good transportation systems too. Roadways, railways, airways and waterways are very helpful.
Some famous trading cities are New York, Singapore, Hong Kong, Tokyo, Shanghai and London.
Bye for today. I'll meet you again tomorrow. Signing off.
Manish