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Question

Fill in the blanks with appropriate words in the following sentences.
Trade and commerce contribute to the economic development of a country by paying ________ _________ and _________ to the government.

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Solution

Trade and commerce contribute to the economic development of a country by paying rates, taxes and duties to the government.
Explanation: The buying and selling of goods in consideration of money or money's worth is called trade.

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Trade and Auxiliaries to Trade
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