What is the difference between commerce and trade

cherry123

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Yesh trade is under commerce, commerce seems to be encompassing you buy and sell which is all about commercial stuff so it is a sub division of commerce here now
 

Chibson

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Commerce covers all processes that facilitate trade. It would delve into transportation of goods and services, distribution, warehousing and packaging. Trade is just exchange.
You're right. I have personally studied about commerce briefly in school and it explains everything that has to do with what you've mentioned. It also has a lot of other areas.
 

cherry123

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A lot of activities that happens with trading falls under commerce you would have tourism, entertainment, warehousing etc. They are all under commerce since they are activities associated with trade
 

Reedex

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I agree, trading is an aspect of commerce. When you have proper knowledge of commerce you will also learn about trading of goods and services.
It is true that trading is just an integral part of commerce which is the overall organisation in the business industry.
 

IB D

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Commerce has to do with all the activities that involve businesses, trading is buying and selling of goods and services.
It is true that commerce looks beyond buying and selling which trade is all about. With commerce, other minute things that are related to business are considered like insurance.
 

Chibson

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when you have proper knowledge of commerce you can be able to run a business successfully. It covers almost everything needed to become successful in entrepreneurship and business.
 

IB D

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Things that happen before trading, during trading and after trading are all part of commercial activities. You would see communication as part of commerce..
 

Chibson

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I believe learning how to communicate in business is also part of commerce. Just like you have stated it is everything that happens in a commercial activity.
 
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