Excerpt from Grammar School Geography: Descriptive, Industrial, and Commercial, With Maps and Illustrations The term commerce is applied mostly to the exchange of merchandise on a large scale. Trade may be either foreign or domestic. And may com prehend every species of exchange of values, but commonly the term is applied to the business of buying and selling by people of the same country. Trade is wholesale or retail, according as the dealings are in large or small quantities. Carrying trade is a term applied to the business of transporting merchandise from one country to another. 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.