International Trade in a Digital Age
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Chapter 7 of Asia-Pacific Trade and Investment Report 2016

Digital technology is shaping the future of global trade and investment. One aspect of the adoption of digital technology by global exporters and importers is the purchase and sale of goods and services online, which is part of what is broadly understood as “e-commerce”. The use of automated data exchange systems, cloud computing, big data and open source operating systems can help businesses run international supply chain management more efficiently. However, the use of digital technology in trade activities can, in fact, go beyond online buying/selling; in this chapter, the term “digital trade” refers to the use of digital technologies to facilitate businesses without limiting it to just online sales or purchases.

Published On
November 29, 2016
Author
United Nations ESCAP
Published By
United Nations ESCAP