Describe Both the Advantages and the Disadvantages Associated with Electronic

question 66

Essay

Describe both the advantages and the disadvantages associated with electronic commerce.

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Definitions:

Pirating

The unauthorized use or reproduction of another's work without permission.

Multinational Companies

Businesses that operate in multiple countries beyond their home country's borders.

Closed Markets

refer to markets that are not open to all, often restricted by trade barriers or regulations, limiting the entry of external players.

Trading Position

A trading position is the stance an investor takes on the expected future performance of a financial instrument, reflected through either holding or trading the instrument.