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Question
Short note:
Role of transportation in trade.
Short Note
Solution
Trade is the voluntary exchange of goods and services involving two or more people.
- Transportation is a service or facility that transports passengers, freight, and industrial products from one location to another. Transportation is vital to any country's growth. It is one of the fundamental tertiary activities.
- The development of all economic activity is based on the transportation infrastructure. Transportation modes are divided into three categories: land, water, and air.
- Several geographical considerations influence the growth of transportation. Trade can be created based on the transportation infrastructure of any country.
- Water transport is appropriate for large, bulky materials, whereas air transport is appropriate for perishable materials.
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Importance of Transport in Trade
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