Electronic data interchange is important in business markets in the U.S., but it plays little role in international trade.

Question

Quizplus · Accepted Answer

Electronic data interchange (EDI) is important not only in business markets in the U.S. but also in international trade. EDI helps in improving efficiency and reducing paperwork in cross-border transactions. It allows businesses to exchange information and conduct transactions seamlessly with their partners around the world, hence playing a significant role in international trade.

Electronic Data Interchange Is Important in Business Markets in the U.S