An agency of the US federal government set up to promote US trade by providing finance, guarantees, or insurance for private loans.
Goods and services of types which could be exported, whether they are in fact exported or not.
Goods and services produced in a country and sold to non-residents. Comprises visible and invisible exports, as well as capital exports.
The margin affected by a discrete change in the level at which an activity is undertaken.
A sustainable pattern of transactions with the rest of the world.
An analysis of external diseconomies of scale, mechanisms involved, and their impact across various economic theories.
An exploration of external economies of scale, where industry growth reduces production costs across all firms.
A comprehensive overview of the economic concept of externality, including its types and implications.
Extrapolation: Construction of new data points outside the given set of existing data points
Expectations about future economic variables based on past values and trends.
An in-depth look at the process by which European countries are becoming more interconnected in terms of trade and finance, alongside other socio-economic aspects.
--- meta: date: false reading_time: false title: "E-commerce" date: 2023-10-05 description: "The practice of advertising and selling goods and services over the internet." tags: ["E-commerce", "Digital Economy", "Internet Business"] --- ## Background E-commerce stands for electronic commerce. It signifies the practice of advertising and selling goods and services over the internet. The ever-increasing capability of the internet to reach global audiences means that e-commerce has rapidly become established as a norm in both B2C (Business to Consumer) and B2B (Business to Business) sectors.
