Class 12 Commerce BIEAP Question Paper 2019 - Free PDF Download
The exchange of goods and services especially on a large scale is known as Commerce. Legal, economic, political, social, cultural and technological systems that operate in a country or international trade are included in it.
In the sense of economics, "commerce" refers to the conduct of trade among economic agents. Generally, commerce affects the welfare and well-being of citizens as it directly impacts people’s money as well as job opportunities. Buying and selling of commodities globally or across borders between governments and business firms may also refer to the term "commerce".