Excerpt from International Commercial Policies With Special Reference to the United States: A d104 Book Commerce is defined in the dictionary as the exchange or buying and selling of commodities, especially the exchange of merchandise on a large scale. It is characterized as trade in its most extended form. The terms commerce and trade mean very much the same thing, although the former often refers to commercial dealings between nations, while the latter is more often ap plied to internal mercantile intercourse. Thus we speak, on the one hand, of the foreign commerce or commercial relations of the United States and, on the other hand, Of the wholesale or retail trade of individual merchants. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.