International Business Transactions

This course will examine key business and legal issues that arise in international commercial transactions. Students will analyze some typical transactions, such as the complex international purchase and sale transaction; global freight and delivery arrangements, including the INCOTERMS; cross-border joint ventures and alternatives to same, such as distribution arrangements and licensing and technology transfers; and direct foreign investments. 

Financial arrangements will be analyzed, including a letter of credit mechanics; international payment transfers; currency issues; trade credit risks; and sources of financing, such as conventional bank financing, project finance, and unconventional or alternative sources of financing. Students will further review methods of dispute resolution, such as mediation, arbitration, and litigation. 

Finally, a few of the major institutions that impact the international business will be examined, including the WTO and customs regulations; the international monetary regime; expropriation and acts of state; recognition and enforcement of foreign judgments; and the Vienna Convention on International Sales of Goods.

Lecturer - Thomas Hill