Question

......... facilitate buying and selling of goods and services ​

Answer 1

Answer:

Buying and selling of goods is termed as trade. On the other hand, activities that are required to facilitate the purchase and sale of goods are called services or auxiliaries to trade. ... Trade is an essential part of commerce. It refers to sale, transfer or exchange of goods.

Explanation:

Answer 2

Answer:

Trade facilitates buying and selling of goods and services ​

Explanation:

• The voluntary exchange of commodities or services between various economic entities is referred to as trade. A transaction will only take place if both parties believe it will advance their interests, as there is no duty on the part of the parties to trade.
• Any voluntary transaction, from the trading of baseball cards between collectors to the signing of multimillion-dollar contracts between businesses, can be referred to be a trade in the broadest sense.
• Since interactions are voluntary, trade is typically thought to be advantageous to both sides.
• Trading in the financial industry refers to the buying and selling of securities or other assets.
• The notion of comparative advantage states that trade benefits all parties involved in it.

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