Home » Classroom » JSS1 Business studies Division Of Commerce Question

What are aids to trade and why are they importa... - JSS1 Business studies Division Of Commerce Question

What are aids to trade, and why are they important?

Aids to trade are elements or services that facilitate smooth trading activities. They include banking services, transportation, communication, warehousing, insurance, advertising, and marketing. They are important because they help overcome barriers and challenges in the trading process, making it easier for businesses to engage in commerce.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses