IPA IP 2021 Question 31
A question IPA Japan published in 令和3年度 ITパスポート試験 公開問題 問31, translated into English. ITPEC is based on the same exams.
Same question on ITPEC: Oct 2025 Q85 +1 more
Which of the following is the most appropriate description of the API economy?
Explanation
Linking services from many providers over the Internet to offer services with higher added value — the API economy.
An API (application programming interface) is the published way for one program to use another's functions or data. When companies open their services through APIs, others can combine them: a ride-hailing app uses a map provider's API for routes and a payment provider's API for fares, and a bank's Open API lets fintech firms build services on its accounts. The value created by this linking, and the business built on providing and using APIs, is the API economy.
Answer (a)
Why not others:
- •(b) — a copyright holder releasing source code free over the Internet is open-source software (OSS)
- •(c) — streamlining routine administrative work with a software robot is RPA (robotic process automation)
- •(d) — managing transaction history in a distributed way across many systems is a distributed ledger, the idea behind blockchain
Key rule: The API economy is about combining other companies' services through APIs; OSS shares source code, RPA automates routine work, and blockchain shares a ledger.
Business Industry · AI-written, may contain errors
This question comes from the past questions IPA Japan publishes, translated into English by ITPEC Practice. ITPEC Practice is an independent study tool and is not affiliated with IPA or ITPEC. See the original paper (PDF) or Report an issue.