Commerce Quiz

Technological advancements, consumer preferences, and market competition

Diversity in the distribution of natural resources, differences of human needs and wants, and division of labour along with comparative advantage (correct)

Currency exchange rates, inflation, and unemployment

Government regulations, taxation, and subsidies

Trade and aids to trade along the entire supply chain (correct)

Financial investments and stock trading

Manufacturing and production processes

Advertising and marketing strategies

International trade only

E-commerce and m-commerce

Domestic trade, including retail and wholesale as well as local (correct)

Import and export trade exclusively

<p>Exchange of goods and services between buyers and sellers in return for a price at traditional (or online) marketplaces</p> Signup and view all the answers

<p>Smooth, unhindered distribution and transfer of goods and services on a substantial scale and at the right time, place, quantity, quality, and price through various channels</p> Signup and view all the answers