What are difference among business, commerce and trade?

Question

I'm from vietnam so i need an useful explanation to use exactly for my English.Thanks a lot

Answer 1

Trade: is when you buy, sell, or exchange things or services. Foreign trade is the trade between countries. You can also trade without money. We trade when I give you a book and you give me a chocolate.

Business: is when you trade in an organized way and regularly to make profit. If you exchange one book with a friend for a chocolate it’s a trade or swap but if you exchange many books everyday with many people for many different things, it is business.

Commerce: This word is used when we talk about large-scale exchange of goods and services or trade and business. Usually the term is used for countries or industries as in foreign commerce between USA and Vietnam.

Hope this helps you.