Advanced features and development electronic commerce in the minds of Ukraine

Abstract

This article highlights the basic explanation of the concept of "electronic commerce" and considers its varieties and types. The latest forms of interaction between participants in the market of goods and services related to the implementation of electronic commerce are given. Factors stimulating the further development of this economic phenomenon have been identified. The international regulation of electronic commerce is defined. The main advantages and disadvantages of electronic commerce as a form of international trade are considered. The main advantages and disadvantages of electronic commerce as a form of international trade are considered. It has been proven that the benefits of the growth of e-commerce have far outweighed its drawbacks. E-commerce has been found to be directly related to a large number of business transactions, whether retail or business-to-business. However, the effectiveness of e-commerce implementation is closely related to institutional changes in traditional trading methods. Trends in the development of e-commerce in the world are also analyzed. The results of the analysis of the state of e-commerce in Ukraine in comparison with other foreign countries are presented.