What platform for trading polished diamonds has emerged as a result of the Internet?

• A. Telephone trading
• B. Brick-and-mortar exchanges
• C. Online trading
• D. Over-the-counter trading

Answer: (C)

Online trading is the platform that emerged with the Internet, creating electronic marketplaces where buyers and sellers can connect, list inventory with photos and certification details, compare prices, and complete transactions from anywhere in the world. This setup vastly increases access, liquidity, and transparency, allowing rapid price discovery and global reach without the need for a physical trading floor or intermediary in person. Telephone trading, brick-and-mortar exchanges, and over-the-counter trading existed before widespread Internet use and don’t capture the Internet-driven shift to accessible, online marketplaces for polished diamonds.