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The main difference between Trade and Aids to Trade are as follows:
|
TRADE |
AIDS-TO-TRADE |
|
1.
Meaning Trade means buying and selling of
goods and services |
Aids-to-trade are those agencies
of activities which help in the smooth conduct of trade. |
|
2.
Objective The object of trade is to satisfy
human wants with a profit to the seller. |
The object of aids-to-trade is
facilities smooth flow of trade by removing hindrances to trade. |
|
3.
Scope It includes home trade and
foreign trade. |
It includes warehousing,
transport and communication, banking, insurance, trader’s agents and
advertisement and salesmanship. |
|
4.
Position Trade has the primary position in
commerce. |
It has the secondary position in
commerce. |
|
5.
Parties There are basically two parties –
the buyer and the seller. |
There are a number of agencies
such as advertising agencies, transport agencies, banks, insurance companies
etc. |
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