Question

explain the difference between trade and Commerce ​

Answer 1

Answer:

Trade stands for selling and buying of goods in exchange for money. However, commerce stands for the entire process of delivering products from manufacturers to consumers. ... It comprises factors like transportation, banking and insurance, warehousing etc

Answer 2

Answer:

Trade means the exchange of goods and services between two or more parties in consideration of money or money's worth. Commerce means exchange of goods and services between the parties along with the activities such as insurance, transportation, warehousing, advertising etc that completes that exchange.

Explanation:

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