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Distinction between Trade Association and Chambers Commerce:

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Shah Alam Kabir Pramanik:
Distinction between Trade Association and Chambers Commerce:
Trade Associations and Chambers of Commerce differ in regard to the following points:-
(i) A trade association is formed by those engaged in the same trade or line of business whereas a Chamber of Commerce is an association of businessmen and /or business units from a particular region belonging to different trades.
(ii) The members of trade association are competitors whereas the members of a Chamber of Commerce are both competitors and non-competitors.
(iii) A trade association is engaged in protecting the interest of the particular trade but
a Chamber of Commerce is engaged in the general commercial interest of the members
engaged in different trades.

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