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Q.

Choose whether the given statement is True/False:


Transport plays an indispensable role in trade


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true.
Good transport facilities allow people and companies to get products and raw materials worldwide. It will enable easy market access and helps expand the production process. Two factors that help remove difficulties in facilitating goods and services around the globe are Transport and communication. Due to the advent of technology, people can connect easily. It can be said that Transport and communication have played an enormous role in the socio-economic development of world economies.
 
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