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Which of the following cannot be classified as an auxiliary to trade?
Mining
Insurance
Warehousing
Transport
- Mining:
- Involves the extraction of minerals from the ground.
- Considered a primary industry, not an auxiliary to trade.
- Insurance:
- Provides protection against financial loss.
- Supports trade by mitigating risks.
- Warehousing:
- Involves storing goods for future distribution.
- Facilitates the storage process, aiding trade.
- Transport:
- Moves goods from producers to consumers.
- Essential for distribution, thus supporting trade.
Mining is the correct answer, as it is not an auxiliary to trade. It is a primary activity focused on extracting natural resources and not directly related to facilitating trade.
By: santosh ProfileResourcesReport error
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