Trade can be described as?

Assessment: WAEC SSCE - Commerce - 1993 (Objective) Subject: Commerce

Question 1 Report

Trade can be described as?
Answer Details
Trade can be described as the exchange of goods and services between parties, involving the buying and selling of goods or services. It involves the transfer of ownership of goods or services from one person or entity to another. Trade can take place locally or internationally, and it can involve individuals, businesses, or governments. The main aim of trade is to satisfy the needs and wants of both parties involved in the exchange.
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