Trade
refers to the buying and selling of goods and services, facilitated by a medium of exchange,
such as money. When goods and services are exchanged for other goods and services, without the
use of money, then we have a barter form of trade.
, on the other hand,
refers to all those activities that are done with the aim of making a profit. As such, it
includes business operations such as producing and selling goods or provision of services,
investing activities such as the buying or selling of long-term assets, and financing activities
such as the issuance of shares or bonds, repurchase of company stock and payment of dividends.
Therefore, trade is a component of the business activity.
A business can also
be defined as an organization where goods and services are exchanged for one another or for
money.
href="https://www.investopedia.com/terms/t/trade.asp">https://www.investopedia.com/terms/t/trade.asp
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