Answer:
Trade can be a key factor in economic development. The prudent use of trade can boost a country's development and create absolute gains for the trading partners involved. Trade has been touted as an important tool in the path to development by prominent economists. Commerce is concerned with buying, selling and distribution of commodities. It is an organized system for the exchange of goods and services. The role of a business is to produce and distribute goods and services to satisfy a public need or demand.
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