GCECommerceTransport and Communication2021

In international trade communication, the term 'EDI' refers to a system that

Aenables the electronic transfer of business documents between trading partners in a standardised formatCORRECT
Binsures exporters against the risk of non-payment by foreign buyers
Ccalculates the most efficient shipping route for containerised cargo
Dregisters trademarks and patents for goods traded across borders
AI
Toaster Teacher
Why the answer is A, and why the others tempt you.
EDI stands for Electronic Data Interchange, a system that allows the computer-to-computer exchange of standard business documents such as purchase orders, invoices, and shipping notices between trading partners in a structured, machine-readable format. It eliminates paper-based processes, reduces errors, and speeds up international trade transactions. It is not an insurance, routing, or intellectual property system.
Want this in Pidgin, Yoruba, Igbo or Hausa? Sign up free →

Practice more Commerce questions

GCE Commerce has thousands more questions like this — with Worked answers on every one.

Start practicing free →See all Commerce questions