5 Questions
What is the principal factor that gives rise to commercial exchanges?
Comparative advantage
Which type of trade involves import, export and entrepôt/re-export trades?
Foreign trade
What are the auxiliary commercial activities that facilitate trade?
Banking and financial services
What is categorized into domestic trade, including retail and wholesale as well as local, regional and inter-regional transactions?
Trade
What does commerce consist of, along the entire supply chain?
Trade and aids to trade
Test your knowledge on the large-scale organized system of activities, functions, procedures, and institutions that facilitate the distribution and transfer of goods and services within local, regional, national, or international economies.
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