High transaction costs associated with the use of the Internet prevent smaller firms in emerging countries from selling into a global market.

Name: High transaction costs associated with the use of the Internet prevent smaller firms in emerging countries from selling into a global market.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The use of the Internet significantly lowers transaction costs and barriers to entry, enabling smaller firms in emerging countries to access global markets more easily.

High Transaction Costs Associated with the Use of the Internet