Q.What are aids to trade? Name any four.

Trade alone cannot always move goods smoothly from a producer to a distant consumer, and services called aids to trade fill that gap. …

Aids to trade, also called auxiliaries to trade, are the services that support the actual buying and selling of goods (trade) by removing the specific obstacles that stand between a producer and a distant, unknown consumer.

Four commonly named aids to trade are:

1. Transport and communication -- overcome the hindrance of place, by physically carrying goods (and information) from where they are produced to where they are wanted.
2. Banking and finance -- overcome the hindrance of capital, by providing loans, credit, and safe means of payment.
3. Insurance -- overcomes the hindrance of risk, by spreading the risk of loss (fire, theft, accident) over many parties for a premium. …

Students sometimes list "wholesale trade" or "retail trade" as an aid to trade -- these are forms of trade it …