Question

Describe both the activities relating of commerce​

Answer 1

Answer:

Commerce includes two types of activities, viz., (i) trade and (ii) auxiliaries to trade. Buying and selling of goods is termed as trade. ... Trade may be internal or external. (ii) Auxiliaries to Trade Activities which are meant for assisting trade are known as auxiliaries to trade.

Explanation:

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Answer 2

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Commerce includes two types of activities: Trade- Trade involves buying and selling of goods. ... Auxiliaries to trade- These are activities which supports trading. Transport, banking, insurance, warehousing, and advertising are regarded as auxiliaries to trade...