Question

What is Commerce based on?​

Answer 1

Explanation:

Commerce normally refers to the macroeconomic purchase and sale of goods and services by large organizations at scale. The sale or purchase of a single item by a consumer is defined as a transaction, while commerce refers to all transactions related to the purchase and sale of that item in an economy

Answer 2

Answer:

Commerce is the exchange of goods and services, especially on a large scale. It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade. In the economic sense, "commerce" refers to the conduct of trade among economic agents.

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