Categories: Commerce JAMB

Which of the below are aids to trade?

Given:

I. Retail
II. Export
III. Transport
IV. Import
V. Insurance
VI. Banking and finance
VII. Wholesale
VIII. Communication.

 

A. III, V, VI and VIII
B. I, II, III and VI
C. I, III, V, and VI
D. II, V, VI and VII

Correct Answer:

Option A – III, V, VI and VIII

Explanation

Aids to trade are those services that make it easy to carry out trade. They include insurance, advertising, warehousing, transportation, and banking services.

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