Answer:
Arguments
to support this statement are
(i) Fast and efficiently moving transport is required for traded items to
reach their destinations on time, otherwise business will suffer.
(ii) Communications are vital for international trade, where
much advance planning is required for success. If a communication fails, it can
create heavy losses in trade.
(iii) The minimum time should be taken to carry raw materials
to production centres and from manufacturing hubs to markets for efficient working,
particularly for perishable goods.
(iv) Modern communication facilities like the Internet allow
commercial transactions to take place over large distances, contributing to
integration of markets. They also keep buyers and sellers informed about their
present and prospective markets.
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