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Questions and Answers
What are the principal factors that give rise to commercial exchanges?
What are the principal factors that give rise to commercial exchanges?
- Government regulations, taxation policies, and consumer preferences
- Globalization, urbanization, and demographic shifts
- High demand for goods and services, availability of capital, and technological advancements
- Diversity in the distribution of natural resources, differences of human needs and wants, and division of labour along with comparative advantage (correct)
What does trade encompass in commerce?
What does trade encompass in commerce?
- Domestic trade, including retail and wholesale as well as local, regional and inter-regional transactions and foreign trade, encompassing import, export and entrepôt/re-export trades (correct)
- Supply chain management and logistics operations
- Quality control measures and product standardization
- Online marketing strategies and e-commerce transactions
Which activities facilitate trade in commerce?
Which activities facilitate trade in commerce?
- Government regulations and trade barriers
- Environmental protection agencies and sustainability initiatives
- Commercial intermediaries, banking and financial services, transportation, packaging, warehousing, communication, advertising and insurance (correct)
- Labour unions and worker cooperatives
What does commerce consist of along the entire supply chain?
What does commerce consist of along the entire supply chain?
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What is the primary function of aids to trade in commerce?
What is the primary function of aids to trade in commerce?
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What is Commerce?
What is Commerce?
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Which stream of education is considered popular along with Science and Arts?
Which stream of education is considered popular along with Science and Arts?
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What role does Commerce play in the development of nations?
What role does Commerce play in the development of nations?
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What is an important factor in determining a student's career path after Class 10?
What is an important factor in determining a student's career path after Class 10?
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In today’s digital age, what realization has people made about Commerce?
In today’s digital age, what realization has people made about Commerce?
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