Which of the following is not an aid to trade?

Assessment: WAEC SSCE - Commerce - 1993 (Objective) Subject: Commerce

Question 1 Report

Which of the following is not an aid to trade?
Answer Details
The answer is "production". Production refers to the process of creating goods and services, and while it is a crucial aspect of many businesses, it is not considered an aid to trade. The other options listed - transport, banking, insurance, and warehouse - are all aids to trade, as they facilitate the movement, financing, protection, and storage of goods and services.
Read lesson note on Commerce (JAMB)
Read lesson note on Aids-to-Trade (JAMB)
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