Belwood International, located in the U.S.,has just purchased goods over the Internet from a supplier, Silver Diamond,located in Europe. Belwood and Silver Diamond do business on a regular basisand Belwood is able to access Silver Diamond's database to check on stockavailability and then place orders on-line. Belwood then pays for the purchasesthrough an arrangement between Silver Diamond and Belwood's respective banks inEurope and the U.S. Silver Diamond and Belwood are involved in: I. B2 II. EFT. III. B2 IV. EDI.
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