Business Studies, asked by sherynwilliam12, 1 month ago

Explain the difference between trade and commerce. please explain it and answer it fast ​

Answers

Answered by DaniyaDinto
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.

Answered by 5290321chiru
1

Answer:

Trade stands for selling and buying goods in exchange for money.

Explanation:

Trade stands for selling and buying 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.

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