Business Studies, asked by priyakchauhan97226, 11 months ago

what is the difference between trade and commerce?

plzz don't post such a useless answers...​

Answers

Answered by kajal1047
1

Trade stands for selling and buying of goods in exchange for money. Two or more parties are involved in it. However, commerce stands for the entire process of delivering products from manufacturers to consumers. It comprises factors like transportation, banking and insurance, warehousing etc.

Answered by tejasvimaligi
1

Answer:

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Explanation:

Trade stands for selling and buying of goods in exchange for money. Two or more parties are involved in it. However, commerce stands for the entire process of delivering products from manufacturers to consumers. It comprises factors like transportation, banking and insurance, warehousing etc.

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