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Standard XII
Business and Commercial Knowledge
Question

_____ is the agency which facilitate proper flow of goods.
  1. Communication
  2. Trade
  3. Banking
  4. Government

A
Government
B
Trade
C
Banking
D
Communication
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Solution
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The trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. A system or network that allows trade is called a market.
An early form of trade, barter, saw the direct exchange of goods and services for other goods and services. An example of trade is when you work in sales. An example oftrade is the act of exchanging one item for another or one item for the money.

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