Abstract
implementation of global electronic commerce is proceeding much more rapidly than initially anticipated. By 2003-2005, electronic commerce revenue is projected to total more than $1 trillion. US Department of Commerce's The Emerging Digital Economy II provides a snapshot of how electronic commerce and information technologies are being used by businesses of all sizes and from all sectors to create new goods and services. Electronic commerce is changing the fundamental relationship between buyers and sellers, producers and consumers. role of government in providing a policy framework deserves careful examination.
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