Aids to Trade(Auxiliaries to Trade)

There are various obstacles in the way of smooth running of trade. All the obstacles are overcome with the help of various agencies known as Aids to Trade. Aids to trade are those activities that facilitate buying and selling of goods. In other words, it is the sum total of those processes which are engaged in the removal of hindrance of place (transport and insurance) and time (warehousing) in the exchange (banking) of commodities. So it links the consumers and traders. These aids are essential for the growth of trade and industry. Thus, they are also known as aid to business and auxiliary services. Aids to trade include the following services:
(a) Transport
(b) Communication
(c) Banking and Finance
(d) Insurance
(e) Warehousing
(f) Advertising and Publicity