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15 December, 04:42

What factors contribute to commerce

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  1. 15 December, 04:58
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    Different factors contribute to commerce including the export and import of a country, their ease of doing business and their own situation in the market.

    Explanation:

    The factors that affect commerce are the ones that dictate the face of a given market. if the market is considered easy to trade in then the commerce is supposed to be easy and smooth flowing

    This is hampered by laws and the import and export tariffs of a country. The more inviting these are the more commerce happens in a place.

    It also depends on how many businesses are able to function in the setup and the more businesses there are the more commerce happens in the end.
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