Framework for Understanding Cybersecurity Impacts on International Trade

Abstract

Cybersecurity concern is becoming a key issue for trade policy.

Issues of international trade policy have recently gained increased attention. Of course, restrictions on international trade regarding technology have long existed – on imports and exports, as well as on direct foreign investment in the United States. But cybersecurity has not been a key issue for trade policy – until now. This is because of the wide adoption of information and communications technologies (ICTs), like the Internet-of-Things (IoT), cloud computing, and big data analysis in the digital society.