True or False:-
Trade Includes Commerce?
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Answered by
10
Answer :
FALSE.
The above sentence is False,
Actually, Trade comes under Commerce field, so it'll be Commerce includes Trade.
:)
Answered by
0
The given assertion is False as Trade does not include commerce because:-
- Commerce is the overarching branch that includes Trade and not vice versa.
- Commerce is a word derived from the Latin word 'commercium' which means together and merchandise.
- Trade is the exchange of goods taking place between two parties.
- Commerce usually refers to large scale trade.
- The Barter system is one of the first examples of trade.
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