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Digital regulation is not about trade deficit or non-tariff barriers, says the writer. — Pixabay

LET’S look at the Earth from afar.

As of now, the global community consists of 197 sovereign states and regions. They cooperate. They trade. Sometimes they fight. They exercise their sovereign authority within their respective territories – called the “territoriality” principle in legal jargon. And there are two ways this principle manifests itself.

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