The scope of commerce is not limited to any one specific aspect, as it encompasses a wide range of activities that involve buying and selling goods and services. However, it is often defined as the exchange of goods and services between businesses and consumers. This can include wholesale and retail trade, as well as home and foreign trade, trade and aids-to-trade, and wholesale and entrepot trade.
In wholesale trade, goods are sold in large quantities to other businesses, such as retailers or distributors, who then sell the goods to consumers. Retail trade involves the sale of goods in smaller quantities directly to consumers.
Home trade refers to the exchange of goods and services within the boundaries of a country, while foreign trade involves the exchange of goods and services between countries.
Trade and aids-to-trade refer to the various activities and services that support the buying and selling of goods, such as transportation, banking, insurance, and advertising.
Entrepot trade refers to the practice of storing goods in a foreign country for the purpose of re-exporting them to other countries, often to take advantage of lower taxes or tariffs.
In conclusion, the scope of commerce is broad and encompasses a variety of different types of trade and trade-related activities.