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"Auxiliary to trade" refers to activities or services that support and facilitate trade but are not the core trading activities themselves. This can include services such as logistics, warehousing, insurance, and financing that help ensure the smooth operation of trade transactions. These auxiliary functions are essential for enhancing efficiency, reducing costs, and managing risks in the trading process.

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1w ago

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ACTIVITIES which are meant for assisting trade are known as auxiliaries to trade.grnerally referred to as service because these are in the nature of facilitating the activities relating to industry and trade.transport ,banking,insurance,warehousing and advertising are regarded as auxiliaries to trade. activities playing a supportive role.


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