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International electronic commerce

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Definition Edit

International electronic commerce (IEC)

involves crossborder transactions through computer networks. It is a subset of electronic commerce (E-commerce), which itself generally involves buying or selling on line.[1]

Overview Edit

Definitions of IEC vary widely, although general agreement exists that an international electronic commerce transaction must involve an on-line commitment to sell a product that results in the import or [[export] of goods or services.[2]

References Edit

  1. International Electronic Commerce: Definitions and Policy Implications, at 9.
  2. Id.

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