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The Process of Buying a Good in One Market at a Low

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The process of buying a good in one market at a low price and selling the good in another market for a higher price in order to profit from the price difference is known as


Definitions:

Electronic Data Interchanges

The computer-to-computer exchange of business documents in a standard electronic format between business partners.

Mobile Payment Service

A technology that allows consumers to make payments using their mobile devices instead of traditional methods like cash or credit cards.

Networking Tool

A device or software used to connect and manage communications between computers or other devices on a network.

Industry Experts

Individuals with extensive knowledge and experience in a specific field or industry, often consulted for their expertise.

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