Safely conduct international business transactions

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Reference no: EM132233703

The world currently has technology that can provide electronic privacy and security on the internet sufficient to safely conduct international business transactions. This advancement is causing rapid expansion of global "Cyber Business". Nations with this technological infrastructure already in place will enjoy tremendous economic growth, while the rest of the world lags behind.

Provide a response to the below questions pertaining to "Global Cyber Business":

What will be the political and economic fallout from the rapid growth of global Cyber Business?

Will accepted business practices in one part of the world be perceived as "cheating" or "fraud" in other parts of the world? Why?

Will a few wealthy nations widen the already big gap between rich and poor? Why?

Will political and even military confrontations emerge? Why?

Reference no: EM132233703

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