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Question 17 of 21

Q.What is Charter Party ?

Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2024Subjective· 3mImportance★★★★★
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Concept understanding — Modes of Transportation — Water, Air and Pipeline

Water transport carries the heaviest/bulkiest cargo at the lowest cost (dominant in international trade) but is slow; Air transport is fastest and suited to light, high-value/urgent/perishable goods but is the costliest per tonne; Pi …

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