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http://dx.doi.org/10.22156/CS4SMB.2021.11.10.093

A Study on the International Discussion of Digital Trade Norms  

Hwang, Ji-Hyeon (Division of International Trade, Gangneung-Wonju National University)
Kim, Yong-Il (Division of International Commercial, Korea National University of Transportation)
Publication Information
Journal of Convergence for Information Technology / v.11, no.10, 2021 , pp. 93-100 More about this Journal
Abstract
With the spread of digital trade, the share of digital trade under the global trade environment is increasing. However, since there is no international digital trade standard, the discussion to establish a new trade rule has important significance. Countries around the world are implementing digital trade policies in consideration of their own interests, but different regulatory policies are causing trade conflicts. In order to provide safeguards against personal information infringement due to the free movement of data across borders, major countries around the world have taken measures to localize data, and the EU has enacted GDPR. And the United States regards the imposition of the digital tax as a trade barrier, and some countries oppose the implementation of the digital tax for fear of negative impact on their countries. However, discussions on the global digital tax, centered on the OECD and the G20 are making progress. As it is highly likely that a digital tax agreement will be drawn up within this year, countermeasures must also be prepared. Therefore, this study presents implications for the future direction of Korea's trade policy by examining recent trends in digital trade norms and analyzing major issues in digital trade.
Keywords
Digital Trade; E-Commerce; Cross-border Data Flows; Privacy Act; Digital Tax;
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