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Commerce is the exchange of goods or services for money or something of value. Learn about the different types of commerce , such as retail, wholesale, e- commerce , and international commerce , and their importance in the economy. COMMERCE definition: 1. the activities involved in buying and selling things: 2. the activities involved in buying and…. Learn more. Learn how commerce differs from business and trade, focusing on large-scale exchanges of goods and services. Understand how commerce influences global economies. Explore commerce : its meaning, types, functions, importance, examples, scope, and differences with business and trade. Learn all about what commerce entails.