| E-commerce might be a relatively recent | | | | much more reliable manner than before in |
| concept as compared to other phenomenon; | | | | terms of international trade, import/export |
| nevertheless it would be interesting to | | | | and global sourcing. |
| follow the history of it no matter how short. | | | | |
| Of course the concepts of international trade | | | | The first records of a company letting people |
| have been there for a long time and people | | | | buy things off the computer is present as |
| have been involved in exchange of good and | | | | early as 1992 in the form of Compuserve, |
| services in form of import/exports and global | | | | which may not have offered a great boost to |
| sourcing in other form since long back. In | | | | international trade, import/export or global |
| this article a brief history of e-commerce | | | | sourcing but it did provide a humble basis |
| would be looked at so that its contribution | | | | for future development in the arena. |
| to the concepts of international trade can be | | | | |
| adjudged in the right perspective as well its | | | | The year of 1995 cannot be forgotten as it |
| role in promoting cross border transfer of | | | | marked the beginning of two giants of Amazon |
| good and services or import/exports and | | | | and Ebay which do not need any introduction |
| global sourcing. | | | | these days have certainly contributed in |
| | | | their own ways to international trade, import |
| In the true sense of the world e-commerce has | | | | export and global sourcing. In　fact as |
| been in existence much before the evolution | | | | early as 1999 the retail sales on the |
| and common use of the miracle machine namely | | | | internet had reached as high as twenty |
| the computer. This should not come as a | | | | billion dollars. |
| surprise since electronic technology has been | | | | |
| around since much before the advent of | | | | The rest as they say is history and currently |
| computers and so have been the phenomenon of | | | | the expanse and scope of e-commerce is there |
| international trade in various forms such as | | | | for all to see and its impact on |
| import/export and search for viable | | | | international trade, import/export and global |
| alternatives has been there, which is a form | | | | sourcing is certainly felt tremendously in |
| of global sourcing. | | | | all areas of the global economy. The future |
| | | | of e-commerce is certainly even brighter as |
| Still this does not mean that e-commerce has | | | | compared to the current situation although |
| been around for centuries, but the earliest | | | | some experts do express some concerns over |
| available records or e-commerce are available | | | | the growing expansion of e-commerce and its |
| as early as 1984 when then the electronic | | | | influence in international trade, import |
| data interchange was invented, which helped | | | | export and global sourcing. |
| companies to carry out their dealings in a | | | | |