Impact of Internet on International-Trade from the Perspective of Information Asymmetry

Abstract

Global foreign trade affected by the financial crisis has also ushered in new development opportunities. The rapid development of the rise of cross-border-e-commerce have opened up a new journey in the field of foreign trade and become a new growth point for the economic development of countries around the world. The combination of the international-trade will be the development trend of foreign trade economy in the future. The expansion of trade scope makes the supply chain management model inevitable. With the continuous development of the company’s internationalized operation and the personalized needs of consumers, the acquisition and processing of information has become more complicated, and information asymmetry will become more apparent. Based on the above background, the research content of this article is to look at the impact of the Internet on international-trade from the perspective of asymmetric information. Price changes and supply chain structures are the direct causes of the bullwhip effect. Information asymmetry is the root cause of the bullwhip effect. Then, based on the analysis of the Internet’s impact on international-trade, the Internet + control information asymmetry is analyzed. And further act on the direct cause to weaken the bullwhip effect. This article through a comparative analysis of Xiaomi and traditional international trading companies, the results show that the rapid development of the Internet provides a new means to control the bullwhip effect, improves the efficiency of the supply chain, has important significance, and affirmed the development of “Internet + international-trade” is correct.