Editing Commerce (section)

===Commerce and trade===
Commerce is distinguishable from [[trade]] as well. Trade is the transaction (buying and selling) of goods and services that makes a profit for the seller and satisfies the want or need of the buyer. When trade is carried out within a country, it is called home or [[domestic trade]], which can be [[Wholesaling|wholesale]] or [[retail]]. A wholesaler buys from the producer in bulk and sells to the retailer who then sells again to the final consumer in smaller quantities. Trade between a country and the rest of the world is called foreign or [[international trade]], which consists of [[import]] trade and [[export]] trade, both being wholesale in general.

Commerce not only includes trade as defined above, but also the auxiliary services or aids to trade<ref name=OXDICT/> and means that facilitate such trade. Auxiliary services aid trade by providing services which such as [[transportation]], [[communication]], [[warehousing]], [[insurance]], [[banking]], credit financing to companies, [[advertising]], [[packaging]], and the services of commercial agents and agencies. In other words, commerce encompasses a wide array of political, economical, technological, logistical, legal, regulatory, social and cultural aspects of trade on a large scale. From a [[marketing]] perspective, commerce creates time and place utility by making goods and services available to the customers at the right place and at the right time by changing their location or placement.

Described in this manner, trade is a part of commerce and commerce is an aspect of business.