IMPORTANCE OF COMMUNICATION TO COMMERCE

Communication helps to promote trade.
It makes contact between customers and traders possible.
It facilitates exchange of goods and services.
Communication has also increased goods and services.
It has also increased the volume of imports and export trade.
It promotes free flow of ideas throughout the world and this encourages commerce.
It brings about better understanding in commercial transactions.
It reduces the problem of distance to a minimum.
It accelerates the settlement of international debts.
It removes various bottlenecks in international trade.