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GCE Commerce 1989 Question 3

Question 3

Introduction to Commerce

Use the diagram below to answer Questions 1, 2 and 3. The box marked M stands for

Diagram for this question
  1. A.quarrying
  2. B.building
  3. C.engineering
  4. D.trade
  5. E.agriculture
Show the answer and explanation

Answer: D (trade)

Explanation

Commerce is trade plus the aids to trade; the aids (transport, advertising, warehousing, insurance, banking) are listed under M, so M is trade.