Which of the following is NOT an aid to trade?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. Hoarding.
Hoarding is NOT an aid to trade.
Hoarding refers to the practice of accumulating and storing large quantities of goods, often leading to artificially inflated prices or market shortages. In contrast, insurance, warehousing, and transportation are essential aids to trade that facilitate the smooth movement, storage, and risk management of goods. Insurance protects against financial losses, warehousing provides storage space, and transportation ensures the delivery of goods to their destinations.