AID TO TRADE ( transportation)
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Yogita Ingle 4 years ago
The importance of aids to trade Transport
In the modern times there is a vast distance between centers of production and the centers of consumption. This difficulty is removed by an important aid to trade known as Transport.
Transport creates place utility.
There are several types of transport such as Air, Water and Land transport. The geographical distance between producers and consumers is removed with the help of transport.
<a href="https://lh3.googleusercontent.com/_iFIztPmvqg8/TXJV5FjgnDI/AAAAAAAAEOw/RKmpA0ZQjco/Types-of-Transport.png" imageanchor="1" rel="lightbox-What-Are-Aids-To-Trade" title="Types of transport"></a>
The three main modes of transport:
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