Question

How does trade differ from commerce in terms of their objectives within the economy?

Answer 1

Basis	Trade	Commerce
Objective	Trade focuses specifically on the buying and selling of goods and services. Its primary objective is to facilitate the exchange of goods and services between buyers and sellers to meet market demand.	Commerce is a broader concept that encompasses trade and its auxiliary services such as transport, banking, insurance, warehousing, and advertising. The main objective of commerce is to ensure the smooth exchange of goods and services by managing and supporting trade activities.