Which of the following best describes the impact of the Internet on global market transactions?
A)The use of email has minimized the risk of expropriation of a firm's assets by a foreign government.
B)The Internet allows new competitors entering a foreign market to bypass the traditional distribution channels.
C)Legal and regulatory forces are ignored because Internet transactions are difficult to police.
D)Internet chat rooms allow for an increased use of bartering as a method of resolving international payment problems.

Question

Quizplus · Accepted Answer

The Internet has allowed for new competitors to enter foreign markets and bypass traditional distribution channels. This is due to the ability to easily sell products and services online, resulting in increased competition in the global marketplace. The other choices are not accurate descriptions of the impact of the Internet on global market transactions.

Which of the Following Best Describes the Impact of the Internet