Aids to Trade

Activities which facilitates the trade are called ‘aids to trade’. Thus, all human activities which eliminate the hindrances and facilitate the flow of goods from producers to consumers come under aids to trade. They are also called ‘auxiliaries to trade’. The whole range of activities coming under aids to trade may be classified into five categories:

1) transportation,

2) warehousing,

3) insurance,

4) advertising, and

5) banking.