Given: i. Retail ii. Export iii Transport iv. Import V. Insurance Vi. Banking and finance Vii. Wholesale Viii Communication. Which of the above is aid to tr...
Given: i. Retail ii. Export iii Transport iv. Import V. Insurance Vi. Banking and finance Vii. Wholesale Viii Communication.
Which of the above is aid to trade?
Answer Details
The question is asking which of the options listed is considered as "aid to trade."
The answer is likely option (B): iii, V, VI, and VIII. "Aid to trade" refers to the various services and facilities that support and facilitate international trade, including transportation, insurance, communication, and financing.
Export, wholesale, and import are all related to the process of trade itself, while banking and finance are broad categories that encompass a variety of activities. Retail may indirectly support trade by providing products to consumers, but it's not directly considered an "aid to trade."
Therefore, option (B) is the most likely answer, as it includes transportation (iii), insurance (V), banking and finance (VI), and communication (VIII), which are all essential services that support and facilitate international trade.