Commerce Knowledge Challenge

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What are the principal factors that give rise to commercial exchanges?

Presence of commercial intermediaries and banking services

Availability of online marketplaces and advertising services

Differences of human needs and wants, and division of labour (correct)

Existence of transportation and packaging facilities

What does commerce consist of along the entire supply chain?

Communication and advertising

Transportation and packaging

Trade and aids to trade (correct)

Banking and financial services

What does trade encompass?

Transportation, packaging, and warehousing

Domestic trade, including retail and wholesale, and foreign trade (correct)

Communication, advertising, and insurance

Banking and financial services

What are aids to trade or auxiliary commercial activities?

<p>Commercial intermediaries, banking and financial services, transportation, packaging, warehousing, communication, advertising, and insurance</p> Signup and view all the answers

What is trade categorized into?

<p>Domestic trade and foreign trade</p> Signup and view all the answers

Commerce Knowledge Challenge

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Questions and Answers

What are the principal factors that give rise to commercial exchanges?

What does commerce consist of along the entire supply chain?

What does trade encompass?

What are aids to trade or auxiliary commercial activities?

What is trade categorized into?

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