1945

Emerging international cooperation

Cross-border e-commerce is essentially international trade. When a product or service is supplied from a seller in one country to a customer in another, an international trade transaction is recorded. International trade is governed by a myriad of laws and treaties, including the rules on goods and services trade of WTO, bilateral and regional trade agreements and, increasingly, international investment rules, as global value chains link trade and investment together. In the context of cross-border e-commerce, rules on cross-border data flows, consumer protection, IP protection and data privacy are also key determinants that shape the flow of trade.

Related Subject(s): International Trade and Finance
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