The role of the Internet in international trade

Abstract

The dynamic growth of the Internet has been one of the most spectacular phenomena in the world over the last 20 years. The Internet has had a large impact on business and created new opportunities for the sale of products and services. Due to its global reach, the Internet has also become a tool for the intensification of foreign trade. It enables entrepreneurs to collect information on foreign markets, promote products on web pages, export and import goods and services in a direct way using electronic distribution channels. International e-commerce distinguishes itself by high dynamics. In 2013, the largest exporter of goods purchased online was the United Kingdom, the largest importer was France.

Keywords

• Internet
• international trade