Explain how the following factors influence trade: ·Population ·Aids to trade

      

Explain how the following factors influence trade:
·Population
·Aids to trade

  

Answers


Joseph
POPULATION
-high population provides a large market for the readily produces goods and services thus promoting trade.
-low population means a small market to the producers thus a limiting factor to trade.
AIDS TO TRADE
-availability of aids to trade such as banks and cooperatives which offers credit services to potential investors and also help them safe there money ,all these money is invested thus promoting trade. Others like insurance companies offer compensation in case of risk occurrence thus investors can invest with no fear.
Erwoti answered the question on August 10, 2018 at 04:36


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