Question

Which of the following hindrances does not arise in the exchange of goods and services?

Options

• Hindrance of production

• Hindrance of time

• Hindrance of risk

• Hindrance of finance

Answer 1

Hindrance of production

Explanation:

In the exchange of goods and services, hindrances such as time, risk, and finance arise, but production hindrance does not. Commerce removes hindrances like time (through warehousing), risk (through insurance), and finance (through banking). Production hindrance occurs earlier in the creation of goods, not in their exchange. Hence, it is not a hindrance in exchange.