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Question
How are ports helpful for trade?
Very Long Answer
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Solution
- The commercial part of a harbour, containing facilities for embarking and disembarking passengers, loading and unloading, and storage, is called a port.
- Ports are called gateways of international trade. 90-95% of international trade is carried out through them. A major part of international trade is carried out by waterways, and ports are the two ends of these waterways; they are extremely important.
- Cargoes and travellers pass from one part of the world to another through these ports.
- The ports provide facilities for docking, loading, unloading, and cargo storage.
- To provide these facilities, the port authorities maintain navigable channels, arrange tugs and barges, and provide labour and managerial services.
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Gateway of International Trade
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Chapter 8: International Trade - Exercises [Page 76]
