Open AccessCross-Border E-Commerce: Opportunities versus Challenges
Author(s) -
Ling Zhou
Publication year - 2022
Publication title -
science insights
Language(s) - English
Resource type - Journals
eISSN - 2372-8191
pISSN - 2329-5856
DOI - 10.15354/si.22.co021
Subject(s) - business , database transaction , order (exchange) , transaction cost , e commerce , information leakage , commerce , industrial organization , international trade , marketing , computer security , finance , computer science , world wide web , programming language
The fast expansion of cross-border e-commerce places new expectations not just on practitioners and platforms, but also on customers themselves. Personal information should be protected with care in order to prevent leakage or fraudulent use of the information. It is possible to lower transaction costs by complying with the World Trade Organization’s trade regulations for each member country. It is full of tremendous opportunities, but it also presents big challenges.