What kind of problems does the global nature of e-commerce pose?
What will be an ideal response?
The global nature of e-commerce poses public policy issues of equity, equal access, content regulation, and taxation. For instance, in the United States, public telephone utilities are required under public utility and public accommodation laws to make basic service available at affordable rates so everyone can have telephone service. Should these laws be extended to the Internet and the Web? If goods are purchased by a New York State resident from a website in California, shipped from a center in Illinois, and delivered to New York, what state has the right to collect a sales tax? Should some heavy Internet users who consume extraordinary amounts of bandwidth by streaming endless movies be charged extra for service, or should the Internet be neutral with respect to usage? What rights do nation-states and their citizens have with respect to the Internet, the Web, and e-commerce?
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If dominating companies in an industry cut prices until competitors leave the market, and then raise prices again, they are engaging in:
A. destructive competition. B. pure competition. C. monopolistic competition. D. perfect competition.
Lack of trust in international trade is exacerbated by the distance between the two parties in space, language, and culture
Indicate whether the statement is true or false.