Question

What goals does Ibn Khaldun have in providing advice to Merchants? A. to lead the merchants to large populations of buyers. B. to supply people with the highest quality goods C. to provide tips to keeping the merchants safe D. to help merchants choose items that will make them the most money.

Answer 1

Option A and D are correct.

Ibn-i-Khaldun was the great historian and economist of medieval period. In his book Mukadimmah, under the title of "Transport of goods by merchants" he advised the merchants to trade in general goods, needed by both rich and poor and thus yield large buyers and make most money. He also advised them to trade in dangerous areas where there would be less sellers and more demand of goods.