Which of the following is not a branch of commerce?

The branch of commerce that deals with the creation and manufacture of goods or services is called production. Therefore, production is not a branch of commerce. Trade, transport, warehousing, and banking are all examples of branches of commerce. Trade involves buying and selling of goods and services, while transport is the movement of goods and people from one place to another. Warehousing is the storage of goods until they are needed or sold. Banking is the financial intermediary that accepts deposits and channels the money into lending activities.