Analysis of the Application of Artificial Intelligence Technology in the Field of International Trade

With the rapid development of artificial intelligence technology, its application in the field of international trade has gradually become a hot spot for research. The purpose of this paper is to analyze in depth the prospects for the application of AI technology in international trade and to explore the opportunities it brings to international trade as well as the challenges it faces. Firstly, this paper reviews the development status of international trade and the latest progress in artificial intelligence technology to provide a background for the study. Subsequently, through the construction of a theoretical framework and the application of an integrated research methodology, the specific applications of AI in international trade are analyzed in detail, including smart contracts, data analytics, automated processes, and its role in logistics and supply chain management. Further, the paper discusses the positive impacts of AI technology applications, such as improved transaction efficiency, cost reduction, and enhanced market forecasting capabilities, while also pointing out the accompanying challenges, such as technological barriers, adaptation of laws and regulations, talent requirements, and data security. Through case studies, the paper demonstrates the effects and lessons learned from the application of AI technology in actual international trade. Finally, the paper summarizes the research findings, makes recommendations for future applications of AI technology in international trade, and explores directions for subsequent research. This study aims to provide some insights into the application of AI technology in the field of international trade as well as usable references for future development.

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Publication Details

Journal
Transactions on Economics Business and Management Research
Published
2024-08-21
DOI
https://doi.org/10.62051/3ms6kb23
Citations
1
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
0.68
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article

Analysis of the Application of Artificial Intelligence Technology in the Field of International Trade

Penghua Li
1 citations
Transactions on Economics Business and Management Research
E-commerce and Technology Innovations
0.68
article

Analysis of the Application of Artificial Intelligence Technology in the Field of International Trade

Penghua Li
article en
1 citations

Abstract

With the rapid development of artificial intelligence technology, its application in the field of international trade has gradually become a hot spot for research. The purpose of this paper is to analyze in depth the prospects for the application of AI technology in international trade and to explore the opportunities it brings to international trade as well as the challenges it faces. Firstly, this paper reviews the development status of international trade and the latest progress in artificial intelligence technology to provide a background for the study. Subsequently, through the construction of a theoretical framework and the application of an integrated research methodology, the specific applications of AI in international trade are analyzed in detail, including smart contracts, data analytics, automated processes, and its role in logistics and supply chain management. Further, the paper discusses the positive impacts of AI technology applications, such as improved transaction efficiency, cost reduction, and enhanced market forecasting capabilities, while also pointing out the accompanying challenges, such as technological barriers, adaptation of laws and regulations, talent requirements, and data security. Through case studies, the paper demonstrates the effects and lessons learned from the application of AI technology in actual international trade. Finally, the paper summarizes the research findings, makes recommendations for future applications of AI technology in international trade, and explores directions for subsequent research. This study aims to provide some insights into the application of AI technology in the field of international trade as well as usable references for future development.

Transactions on Economics Business and Management ResearchVol. 9
Xiamen University Malaysia (MY)
Partnerships for the goals
Openalex Percentile: Top 28%
E-commerce and Technology Innovations
0.68
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Analysis of the Application of Artificial Intelligence Technology in the Field of International Trade — Penghua Li · Transactions on Economics Business and Management Research (2024) | TGRS Research Map | TGRS