define commerce?branches of commerce(trade and aids to trade)?
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- Commerce has two major branches viz trade and aids to trade. Trade involves buying and selling of goods and services. It is classified as internal and external trade. Internal trade can be wholesale or retail trade. External trade takes the form of import, export, and entrepot trade.
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Commerce has two major branches viz trade and aids to trade. Trade involves buying and selling of goods and services. It is classified as internal and external trade. Internal trade can be wholesale or retail trade. External trade takes the form of import, export, and entrepot trade.
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