Which types of activities are included in commerce?

Trade & Auxiliaries to trade

The correct answer is option 2- Trade & Auxiliaries to trade.

Commerce includes two types of activities, viz., (i) trade and (ii) auxiliaries to trade.

Buying and selling of goods is termed as trade. But there are a lot of activities that are required to facilitate the purchase and sale of goods. These are called services or auxiliaries to trade and include transport, banking, insurance, communication, advertisement, packaging and warehousing. Commerce, therefore, includes both, buying and selling of goods, i.e., trade, as well as, auxiliaries, such as transport, banking, etc.