Electronic Commerce

Learning Objectives

• 1. Development and practical use of Electronic Data Interchange (EDI) in international business transactions;

• 2. Importance and functions of standardization of EDI methods of communication from the viewpoints of promotion of facilitation in conducting international trade;

• 3. Function and importance of UNCITRAL model laws and conventions to promote international electronic commerce;

• 4. Factors to be considered in doing international electronic business transactions in comparison with the case of off-line transactions;

• 5. Efficiency and productivity in doing international electronic commerce compared with off-line commerce;

• 6. Factors to be considered in making transportation and cargo insurance contracts in international trade through electronic commerce compared with the case through off-line transactions;