Trade can be done between two parties or more than two parties. In trade, the ownership of goods or services is transferred from one person to the another in consideration of cash or cash equivalents. Trade means the exchange of goods and services between two or more parties in consideration of money or money’s worth.Ĭommerce means exchange of goods and services between the parties along with the activities such as insurance, transportation, warehousing, advertising etc that completes that exchange. To further comprehend the understanding of these two terms the basic comparison is given below: Content: Trade Vs Commerce The scope of commerce is wider than that of trade, which not only refers to the exchange of goods and services but also includes all those activities that are vital for the completion of that exchange.
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