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Question
Which of the following cannot be classified as an auxiliary to trade?
Which of the following cannot be classified as an auxiliary to trade?
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Solution
The correct option is C Mining
The activities which are meant to assist trade are known as Auxiliaries to trade. They are generally referred to as services as they assist industry and trade like insurance, warehousing, transportation etc. While mining is the process of extraction of valuable minerals from earth.
The activities which are meant to assist trade are known as Auxiliaries to trade. They are generally referred to as services as they assist industry and trade like insurance, warehousing, transportation etc. While mining is the process of extraction of valuable minerals from earth.
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