Business Studies, asked by Arrruuu, 1 year ago

"trade is an integral part of commerce" explain.

Answers

Answered by anand223
3
Trade provide base to commerce and without the transfer of goods by commerce no selling of goods can takes place by trade, so without commerce trade cannot be take place and without receiving goods commerce cannot transfer of goods.Thus ,trade is an integral part of commerce.

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Answered by HARSHAUTSAV
1
Trade is an integral part of commerce. It refers to buying and selling of goods and services. ... e iscommerce takes place and thetrading is the process of exchange of goods and services between an business and customer. commerceincludes all the economic agents such as banking, insurance etc in it.

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