Technology is quick paced and the effect is something that we all are aware of. With so many changes happening due to the advancement in technology the e-commerce world has affected the most. When a consumer sells their own products or services to a business or group (e.g. An influencer offers exposure to their online audience in exchange for a fee, or a photographer licenses their photo for a business to use). The advent of a platform economy has turned business models on their head. Sellers and buyers in different States are getting connected.
These days, the use of other media trade, similar to the telephone, television, fax, and electronic payment, has been also grown. These play additionally an vital role in the growth in ecommerce business because ecommerce has been an integral part of the world economy. The WTO has begun to consider how it suits into the multilateral trade framework, and what rules or regulations ought to apply.
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