ELECTRONIC COMMERCE IN AZERBAIJAN AND ITS ROLE IN FOREIGN TRADE
Abstract
E-commerce, formed as a result of the development of information technologies and its widespread use at the end of the 20th century, is used almost all over the world. It should be noted that the share of electronic commerce in retail trade in Developed Countries is much higher. However, in Developing Countries, the scope of e-commerce is not so wide. That is, each country uses e-commerce according to its level of economic development. Nowadays, countries use e-commerce domestically, and even increase their trade turnover with foreign countries with this new type of trade. Therefore, in addition to traditional exports, electronic exports play an important role in the foreign trade turnover of countries today. The share of electronic exports in the foreign trade turnover of Developed Countries is quite large.
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