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Topic Content:
- Aids to Trade | Activities that Aid Commerce
As human beings, we are all involved in one form of commercial activity or the other.
What are Aids to Trade?
Aids to trade are the services that make it easy to carry out trade.
Activities that aid the growth of trade/commerce can be grouped into the following categories:
1. Banking/Finance:
This allows buyers and sellers to make payments. Traders keep their money in the bank. Customers can also take loans from the bank to run their businesses when the need arises.
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