What best describes the role of transport in global trade?

The role of transport in global trade is best described by its ability to facilitate the movement of goods. Transportation is a vital component of the supply chain, enabling products to be moved from manufacturers to consumers across vast distances, both domestically and internationally. This movement is essential for the functioning of global markets, as it allows businesses to access raw materials, reach new customers, and distribute goods efficiently.

Effective transport networks reduce delivery times, enhance customer satisfaction, and allow companies to expand their reach to international markets, thus contributing significantly to trade growth. When goods can be transported reliably and promptly, markets can integrate more seamlessly, leading to increased economic activity and trade dynamics.

In contrast, the other options suggest a limited view of transport's role. Dismissing transport as insignificant or solely cost-increasing overlooks its fundamental importance in enabling trade. Additionally, asserting that it decreases competition does not capture the essence of how accessibility and supply chain efficiency can actually enhance competitive dynamics in the marketplace. Hence, the ability of transport to facilitate the movement of goods aligns accurately with its critical function in global trade.