E-Trading
On an international scope
Who to do it?

Summary

Introduction

I. Positive and Negative aspects of E-Trading 1) Advantages 2) Results 3) Drawback II. The different aspects 1) Financial 2) Legal 3) Practical 4) Technical

Conclusion

Introduction

In the 21st century, globalization has proved to be the most influential phenomenon that has characterized the modern world. Not only has it changed the angle from which we see things, but also it has deeply affected the ways in which we behave, communicate and carry out business. The two main factors that have directly contributed to shaping the new global village are advances in the domains of transportation and Information Technology (IT). On the one hand, bigger, faster and safer means of transport have increased the mobility of goods, people and ideas to unprecedented scales in human history. More than any time in the past, there are millions of tons of merchandise containers, petrol tanks and cargo boxes on the way from one country to another. Millions of people are on the move on planes, trains and boats. Distances are no longer a problem. More important than that, IT has revolutionized the way people used to learn, communicate and do business. The World Wide Web has connected millions of computers together making it possible to send billions of gigabytes of data every second around the world. Information that used to be the privilege of limited minorities is now at everybody’s disposal. I-phones, Blackberries and Skype have made it possible to contact anybody anywhere if they have the technology. If these breakthroughs are bound changed the way we do things, business wouldn’t be an exception. On the opposite, trade and commerce have always been at the front line of change as businesses are exploring new ways to reduce costs, increase profit margins or conquer new