Commerce. Examen Inglés 2. Prof Victor Carvajal

What is commerce?

• The exchange of goods and services for money between producers and consumers

• The process of recording financial transactions

• The buying and selling of goods and services within a country

• The transfer or exchange of goods and services for mutual benefit

The word where refers to:

• Place

• object

• person

• Reason

• Commerce satisfies the increasing human wants. Escucha y después graba la frase anterior.

The word why, refers to:

• Object

• Person

• Reason

• Place

Definition of Trade

Trade is the process of transfer or exchange of goods and services for mutual benefit is known as trade.

Graba la siguiente frase en inglés.

The word when, refers to:

• Time or period of time

• Place

• Reason

• Ability

What are some characteristics of commerce?

• It helps in the exchange of goods and services in the economy

• It covers all the services which make a free flow of goods and services in the market

• It eliminates barriers related to person, time, place, risk, knowledge, finance, etc.

• All of the above

The word what, refers to:

• Objects or things

• Reason

• Ability

• Place

Commerce improves the standard of living by providing various products and services to society. Escucha y después graba el párrafo anterior.

Internal Trade
It refers to the buying and selling of goods and services within the geographical boundaries of a nation.

Graba en inglés la frase que está aquí.