Which of the following is NOT an aid or auxiliary to trade?

Hoarding

The correct answer is Option (1) - Hoarding

• Hoarding is the purchase and warehousing of large quantities of a commodity by a speculator with the intent of benefiting from future price increases.
• rade or exchange of goods involves several difficulties, which are removed by auxiliaries or supplementary supports known as Aids to Trade.
• Aids to trade include Transport, Communication, Warehousing, Banking, Insurance, Advertising, Salesmanship, Mercantile agents, Trade promotion organizations in a country and Global organizations for international trade. These important auxiliaries ensure a smooth flow of goods from producers to the consumers