The Impact of Implementing New Technologies in International Trade and Logistics

Mihaela Gabriela Belu, The Bucharest University of Economic Studies, Bucharest, Romania, Ramona Iulia Diaconescu, Dorel Miha Paraschiv, Ioan Popa
2021 unpublished
The paper aims to identify new technologies (big data, blockchain, Internet of Things, 3D printing, 5G technology etc.) and their impact on the specific activities related to international sales contracts: international logistics and international payments. In this context, it should be noted that Revolution 4.0 offers participants in international trade new opportunities for easier management of the transactional mechanism. The study is based on theoretical and empirical research aimed at
more » ... tigating the impact of new technologies on international trade flows and the development of international businesses. The findings confirm that these new technologies are rapidly developing and spreading and they have a positive effect on promoting international trade relations and on the environment. The results of our survey on the implementation of new technologies in the Romanian business environment show that employees are familiar with most of them, but the percentage of actual utilisation in companies is rather small.
doi:10.24818/basiq/2021/07/037 fatcat:4kpryw6imfb23bqifbuw3yq25y