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Answers
Answer:
tree diagram means making short paragraph in a diagrammatic way. here the paragraph is about a commerce means u have to write commerce at the top of ans in a box which u have to make in centre ok.....,
then after leaving 1 line we can write its types which is
1) trade. 2) auxiliary trade
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home trade. foreign trade
( its important role). (its important role) u have to write here okh and then if u have an example here so write it as an example okh
Answer :
Commerce
commrece includes 2 types of activities Trade and auxiliaries to trade . Buying and selling of goods is termed as trade. But there are a lot of activities that are required to facilitate the purchase and sale of goods. These are called services or auxiliaries to trade and include transport , banking , insurance , communication , advertisement, packaging and warehousing . Commerce therefore includes both buying and selling of goods ie, trade as well as auxiliaries.
- Trade is a essential part of commrece. It refers to sale, transfer , or exchange of goods.
- External or foreign trade consists of the exchange of goods and services between persons or organisation operating in 2 or more countries.
- If goods are purchased from another country , it is called import trade.
- If they are sold to other countries. It is known as export trade .
- When goods are imported for export to other countries, it is known as entrepot trade.
Auxiliaries to trade includes :
- Transport and communication
- Banking and finance.
- Insurance
- Warehousing
- Advertising
Go through the attachment .
Tree diagram is in the attachment .