Question

Which of the following is most likely to improve e-commerce in the world trade arena?

Answer 1

A well-developed website with numerous language options is most likely to enhance e-commerce in the global trade sector.

E-commerce, also referred to as online commerce, is the "creation, distribution, promotion, sale, or delivery of goods and services through electronic means." Any business, home, business, government, or other public or private institution can engage in an internet banking.

What part does e-commerce play in world trade?

All nations gain from the economy-wide development of online commerce. Short-term profits are probably dominated in wealthy nations, but in the long run, developing nations stand to gain more. E-commerce will result in a rise in the quantity of foreign trade.

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