Trade and commerce

Trade and commerce refer to the exchange of goods and services between businesses and consumers. Trade can occur at local, national, or international levels, involving buying, selling, and distributing products. Commerce encompasses all activities that facilitate this exchange, including financing, logistics, and marketing. It plays a crucial role in economic growth by enabling supply and demand, creating jobs, and fostering competition. Overall, trade and commerce are essential for developing economies and improving living standards by allowing access to a variety of goods and services.