Which term refers to the exchange or transport of goods or property?

• A. Commerce
• B. Coercion
• C. Trade
• D. Distribution

Answer: (A)

The term that refers to the exchange or transport of goods or property is commerce. Commerce encompasses all activities that facilitate the buying and selling of goods and services, which includes both domestic and international trade. It not only involves the transaction itself but also incorporates the entire process of moving goods, whether by land, sea, or air, as well as the financial transactions that occur as part of those exchanges.

Commerce is a broader concept than trade, which specifically refers to the activity of buying and selling merchandise. While trade is a component of commerce, commerce also includes the logistics of distribution and transportation, financial exchanges, and other mechanisms that support these activities.

Coercion refers to forcing someone to act in a certain way, which is unrelated to the exchange or transport of goods. Distribution typically refers to the logistics involved in delivering goods from producers to consumers, which is part of the commerce process but does not fully encompass the broader exchange activities that commerce covers. Thus, when discussing the general exchange or transport of goods or property, commerce is the most appropriate term.