The 13th Edition of this popular problem-oriented coursebook introduces law students to the conduct of business in the world community. Problems on international contracting, financing, regulation of imports and exports, licensing and technology transfers, foreign investment, and international business dispute resolution are included. The book provides current in-depth examination of issues business clients are likely to face, such as contracting for sales across borders, financing international transactions, defending against import competition, expanding exports and overseas markets, investing abroad and dealing with NAFTA/USMCA, the WTO, and other trade agreements. The coursebook is designed to survey a wide range of laws involving trade, licensing and investment and to explore how issues and problems are addressed by lawyers as problem solvers.


Imprint: West Academic Publishing
Series: American Casebook Series
Publication Date: 04/08/2019

Ralph H. Folsom, University of San Diego School of Law

Michael P. Van Alstine, University of Maryland School of Law

Michael D. Ramsey, University of San Diego School of Law

Matthew P. Schaefer, University of Nebraska College of Law

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Teacher's Manual

PowerPoint Slides

Problem 4.0 IBT Transaction

Problem 4.1-Part A-Domestic Law Applied to Universal and Euro

Problem 4.1-Part B_CISG Article 19

Problem 4.1-Part B_Core Principles of the CISG

Problem 4.1-Part B_Sphere of Appliction of CISG

Problem 4.2-Part A-Analysis of Sam's Obligations to Bill and Howard

Problem 4.2-Part A-FOB vs. CIF Chart

Problem 4.3--Arrangement of Parties

Problem 4.3-Common Elements of Law

CISG Article 79 (Word Doc)

Problem 4.5-Transaction Overview

Overhead_Text of FBLA (Word Doc)

Problem 4.5-Documentary Sale Transaction without a LC

Problem 5.0-Basic Letter of Credit Terminology

Problem 5.1_Part B Questions

Problem 5.1-Basic Transaction

Problem 5.1 Back to Back LC

UCC Section 5-109_Paragraphs (a) and (b)

Problem 5.2-Locus of the Fraud-Comparing Approaches

Problem 5.3-Spacecom and Israel

Problem 5.3-Text of 5-109(b) (Word Doc)

Problem 5.3 Standby Letter of Credit

Problem 5.3_3M vs HSBC

Overview of WTO System

Problem 8.3-Analysis of Questionable Payments

Problem 8.3-Largest FCPA Fines

Problem 8.3-Summary of Questionable Payments

Problem 8.3_Definition of Knowing

Problem 8.3_Elements of FCPA Crimes

Overhead Problem 7.0_ADs and CVDs

Problem 10.1-Branch vs Subsidiary

Problem 10.3-Structure of Project Financing

Problem 10.4-An Illustration of Transfer Pricing

Problem 11.2_FRCP and Service of Process Abroad

Problem 11.4_Uniform Foreign Judgment Enforcement Act

Problem 11.5_Requirements for Enforceability under NY Convention

Problem 11.6_Text of NY Convention_Exceptions to Recognition

The book has been substantially updated to cover wide-ranging recent developments in international business and trade law. In particular, the problems on trade law are updated to reflect developments associated with the Trump administration, including imposition of new tariffs, U.S.-China trade disputes, threats to the WTO dispute settlement system’s Appellate Body, and NAFTA renegotiations leading to the U.S.-Mexico-Canada Agreement (USMCA). This chapter also contains revised problems for free trade agreements in light of the Trans-Pacific Partnership and USMCA developments, and for environmental/conservation laws and food safety laws in light of recent WTO jurisprudence and new disputes. The exports chapter is updated to account for the Export Control Reform Act of 2018 and new developments regarding the Cuba embargo and the Boycott, Divestment, Sanctions (BDS) movement fostered by the UN Human Rights Council. The technology chapter has added new material on U.S.-China disputes and retaliation concerning forced technology transfers. For foreign investment, the new edition adds a problem on bilateral investment treaties, substantially updates the problem on investment approvals in light of new U.S. legislation, and includes new material on recent litigation and arbitration of expropriation claims.

Learn more about this series.