Analysis of the Application of Digital Trade in International Business

Abstract

In today's world, information technology is becoming more and more widespread, and with it comes ever-deepening digital trade and internationalised commerce. As a brand new form of trade, digital trade is gradually changing the development pattern of international business. This paper argues that digital trade has an important impact on the development of international trade. But at the same time, the development of digital trade has also posed challenges to international trade. For example, trading entities will face intellectual property issues. Consumers have to worry about cyber security issues, etc. To solve these problems, countries should strengthen international cooperation, actively carry out exchanges in the field of digital trade, promote technology research and development, and promote the balanced development of digital trade. In addition, countries should invest more in technology research and development and personnel training to improve technology and enhance competitiveness. This paper argues that paying attention to digital trade and taking measures to ensure its development can promote the process of economic globalization.