The relationship between trade and commerce is the following:-
1.Transportation
2.Advertisement
3.Banking
4.Insurance
Simply trade is useless without commerce activities because trade needs transport system banking system as well as trade also needs advertisement and these all activities cannot be possible without commerce because these all activities are involve in commerce. specially when trade action is performing on large scale
By
Alimuhaammad MansoorALi khowaja
e-Commerce has affected product availability, pricing, consumer preferences and transportation patterns. Simply, it has help to improve business and relationship between consumers and the sellers.
states
industry is the place where goods are manufactured trade is the related to exchange of goods commerce is related to distribution of goods
the impact of trade and commerce
Commerce refers to large scale business activity, while trade describes commercial traffic within a state or a communityTrade is the transaction of products through money and commerce is related with the study of transaction of money
State government regulates commerce within the states (intrastate commerce), provided the goods and services are used entirely within the state.The Legislative branch (Congress) regulates commerce between the states (interstate commerce), international trade, and trade with Native American nations.
Commerce and taxes Commerce and trade or Trade and money
I would call it interstate commerce.
Commerce and slave trade compromise
The relationship between trade offs and opportunity costs is that they both have to do with economics. A person has to make a choice that would have to sacrifice.
1.Trade refers to mere exchange of goods,i.e., mere buying and selling of goods. but commerce refers not only buying and selling of goods, but also other activities,such as transport,insurance,warehousing, banking and advertising, which helps buying and selling of goods. 2.Trade is a branch of commerce,whereas commerce is a branch of business. 3.the scope of commerce is wider than that of trade.
The relationship between trade offs and opportunity costs is that they both have to do with economics. A person has to make a choice that would have to sacrifice.