Academic Journal of Business & Management, 2023, 5(15); doi: 10.25236/AJBM.2023.051514.
Xuan Yu
University of Warwick, Coventry, CV4 8UW, UK
Digital trade has a significant impact on the way that labour is distributed in international trade, and it is crucial for nations to develop new competitive advantages in the digital period. The study, which is based on an exhaustive examination of the development trend of digital trade services, examines the development of digital trade services in the context of macroeconomic data, relevant legislation, and governmental rules and regulations. It also examines the effects of related technologies, industries, and government regulations and rules on the development of digital trade services. The study's findings suggest that national development strategies should also take into account the active formulation and implementation of a number of policies and regulations to facilitate the development of internal and external digital trade because the trend towards the digitisation of trade in services is unavoidable. Additionally, the study recommends that the development of digital infrastructure and education be accelerated.
international trade, digital trade, services business, policy
Xuan Yu. Opportunities and Challenges of International Trade in Digital Services. Academic Journal of Business & Management (2023) Vol. 5, Issue 15: 90-95. https://doi.org/10.25236/AJBM.2023.051514.
[1] Information on: https://www.weforum.org/agenda/2020/06/trade-in-digital-services-is-booming-here-s-how-we-can-unleash-its-full-potential/
[2] Information on: https://companiesmarketcap.com/netflix/marketcap/
[3] Information on: https://crsreports.congress.gov/product/pdf/IF/IF11706
[4] Information on: : https://www.oecd.org/going-digital/trade-in-the-digital-era.pdf