High Transaction Costs Associated with the Use of the Internet

question 33

True/False

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

---

Definitions:

Italian Goods

Products or merchandise that are manufactured, produced, or originated from Italy.

Americans

Residents or citizens of the United States, often associated with a diverse range of cultural, ethnic, and historical backgrounds.

Gross Domestic Product

The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.

National Saving

The sum of private and public savings, representing the total saving in an economy.