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WAEC Commerce 1997 Question 9

Question 9

Introduction to Commerce

Use the diagram to answer the question.
The appropriate label for Y on the diagram is

Diagram for this question
  1. A.branches of commerce
  2. B.distribution channel
  3. C.direct services
  4. D.aids to trade
  5. E.factors of production
Show the answer and explanation

Answer: D (aids to trade)

Explanation

Transport, banking, advertising, communication and warehousing are aids to trade.