History, asked by ayushipandey39388, 11 months ago

What do you understand by Trade and commerce?

Answers

Answered by heeraskaushik

2

Explanation:

Trade is selling and buying of goods and services between two or more parties in consideration of cash and cash equivalents. Commerce includes the exchange of goods and services along with activities viz. banking, insurance, advertising, transportation, warehousing, etc. to complement the exchange.

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