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How banking is an aid to trade?

Updated: 9/19/2023
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10y ago

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banking enables you to buy on a credit card and pay later

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Q: How banking is an aid to trade?
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What is difference between trade and aids to trade?

Trade mean exchange of goods & all those activities which directly or indirectly facilitates exchange of goods are called Aid to Trade. Things which provide Aid to the Transport, Communication, Warehousing, Banking, Insurance, Advertising, Salesmanship, Mercantile agents, Trade promotion organizations in a country and Global organizations for international trade. CLICK HERE to READ MORE


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