publication . Part of book or chapter of book . 2011

E-Commerce

Vancauteren, Mark;
Open Access English
  • Published: 01 Jan 2011
  • Publisher: United Nations
  • Country: Belgium
Abstract
International e-commerce, which involves cross-border transactions over the internet, shows every sign of continuing to expand rapidly. The potential savings of transaction costs from e-commerce are substantial. The most important cost-saving aspect of e-commerce is the reduction in travel, administration, communication and search costs. One consequence of such cost advantages is that many small cross-border transactions have now become economic. In addition, e-commerce has also made possible new kinds of trade in services. While the growth of cross-border e-commerce is widely acknowledged, it imposes measurement challenges for international trade statistics. Th...
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Part of book or chapter of book . 2011
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