English, asked by rt50954, 9 months ago

deals only with buying and selling of goods

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Answered by Anonymous

A MAJORLY IMPORTANT COMPONENT OF COMMERCE IS TRADE. IT IS ESSENTIALLY A SMALLER VERSION OF COMMERCE IN A WAY THAT IT REFERS TO THE ACTUAL BUYING AND SELLING OF GOODS ONLY. COMMERCE INCLUDES ALL THE ACTIVITIES RELATED TO TRADE SUCH AS: INSURANCE: PROTECTION OF GOODS AGAINST THEFT, FIRE ETC.

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