What is the role of technology in enhancing cross-border trade? 🔊
The role of technology in enhancing cross-border trade is critical as it streamlines processes through digital platforms, making it easier to manage transactions and logistics. Innovations like blockchain facilitate secure and transparent record-keeping, while e-commerce platforms enable businesses to reach global markets. Furthermore, advanced logistics software optimizes supply chains, ensuring timely delivery across borders. This technological support fosters international partnerships and expands economic opportunities.
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