Digital trade will become more cost-efficient as governments strive to establish more explicit rules for cross-border digital transactions. There are opportunities and challenges for businesses that want to join or expand their digital trade operations, and one of the biggest challenges is assessing the total costs.

Digital trade is a broad concept that refers to the internet and digital technologies supporting international trade, online commercial and consumer product and services buying, and digital services across industries for home and work use. It is transforming the global economy, which means it is transforming supply chains. For this reason, governments are....