The Virtual Trading zone…

The Economics Times,

The internet has redefined the market place. Click onto some usefull cybermarts and reach out to a world wide market.

As a student of economics one thing which vexed me was how could early economic theorists ever thought that perfect competition was possible? Perfect competition assumes, among other things, that all economic agents have access to the same information, on which they base their economic decisions. Impossible.

Well, not any more, for a new animal called the Internet has changed all earlier paradigms. And with virtual marketplace already a reality, equal access to information is possible. Of course, the concept has to be developed much more and of course, the Internet …A cyber journey looking for virtual market places tool me to all kinds of places. But one thing that was common across the board (or should one say net) was that market place sites fend to become restrictive and area specific like 123India Trade that is very city specific and has names of only Calcutta based companies. The main function of market places site is top provide a platform to the buyers and sellers across the world, to trade. Essentials are a search, engine and a multitude of companies. One of the best sites I came across was Asian Sources. IndiaMart too was very good. So, grab your credit cards and come for a quick run through the Indian and Asian cybermarts.

Happy trading
ONE of the most attractive Indian sites I came across is Indiamart located at http://www.indiamart.com. The site promises to help you do business with over 60,000 Indian companies. A search engine provides quick results. Also useful is the Cruise India window that takes you on a journey to India’s tourist destinations. The idea is that you, as a business traveler, should mix business with pleasure. And helping you do this is a list of addresses of hotels and restaurants and travel agents. A must visit…

THE CYBERMART
Asia Mart…………………..
Asia Trade………………….
Asia Travel Market…………
Asian Sources………………
World Corner Market Place..
Global Food Market………
IndiaMart……………………
123 Trade…………………