1. MODEL OF VIRTUAL ORGANIZATION IN
INTERNATIONAL TRADE AND
LOGISTICS
Submitted By – Rameez Mansuri
Student ID- 20233783
2. Scientific Problem
1. Standardization
Develop protocols and standards that facilitate smooth interoperability, ensuring
consistent data exchange and communication.
2. Blockchain Integration for Security
Investigate and implement blockchain or other secure technologies to enhance
data security, traceability, and transparency in international trade transactions.
3. Automation and AI for Decision Support
Integrating artificial intelligence and automation to optimize decision-making
processes, risk assessment, and logistics in international trade operations.
3. Scientific Problem
(Contd.)
4. Digital Identity and Authentication
Establishing secure and reliable digital identities for entities involved in
international trade, including businesses, individuals, and government agencies.
5. Regulatory Compliance and Legal Framework
Ensuring that the virtual model complies with international trade regulations and
legal frameworks while providing flexibility to adapt to evolving policies
4. Scientific Assumptions
1. Assumption of Secure Blockchain Technology
2. AI Reliability Assumption
3. Inclusive Technology Adoption Assumption
4. Regulatory Compliance Framework Assumption
5. Rapid Technology Adoption Assumption
6. Data Privacy and Encryption Assumption
5. Theoretical level of
research of the problem
1. David Ricardo (2018)
2. Eli Heckscher (2020)
3. Bertil Ohlin, (2017)
4. Paul Krugman (2021)
Common models used in the study of international trade include
1. the Ricardian model,
2. the Heckscher-Ohlin model, and
3. the gravity model.
6. Unexplored or debatable
areas of research
• Cultural and Social Impacts
• Ethical Considerations
• Environmental Sustainability
• Health and Crisis Resilience
• Dynamic Risk Management
• Human-Machine Collaboration
• Behavioral Economics in Virtual Trade
7. Scientific research
hypotheses
• Companies exposed to virtual models of international trade will be more
adept at formulating and executing market entry strategies compared to those
who rely solely on traditional learning methods.
• Engaging participants in virtual models of international trade will enhance
their decision-making skills and strategic thinking, leading to more informed
and effective trade-related choices.
• The use of virtual trade platforms for international trade simulations will
contribute to the development of key skills such as negotiation, risk
management, and market analysis among participants.
• Integration of environmental sustainability factors into decision-making
processes will contribute to more environmentally responsible trade
practices compared to models that do not incorporate such considerations.
