Social Sciences, asked by kudoscommunication59, 10 months ago

what is trade and commerce​

Answers

Answered by skvijay36
3

Explanation:

Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services.

Answered by gshanahmad8
7

Trade means the exchange of goods and services between two or more parties in consideration of money or money's worth. Commerce means exchange of goods and services between the parties along with the activities such as insurance, transportation, warehousing, advertising etc that completes that exchange.

Hope it helps you

Similar questions