International Business Transactions: A Problem-Oriented Coursebook - 14th Edition - Ralph H. Folsom

International Business Transactions A Problem-Oriented Coursebook 14th Edition ISBN 9781647086640

Now in its 14th Edition, this widely used problem-oriented coursebook introduces law students to the legal and practical challenges of conducting business in the global marketplace. Through a series of engaging problems, the book covers key areas such as international contracting, digital trade and data privacy, trade finance, export and import regulation, licensing and technology transfer, trade-related intellectual property rights, foreign investment, and dispute resolution in international business.

This edition offers a current and comprehensive examination of real-world issues faced by business clients, including cross-border sales contracts, financing international deals, navigating import restrictions, expanding into foreign markets, and managing legal risks abroad. It also addresses evolving legal frameworks such as the United States-Mexico-Canada Agreement (USMCA), the World Trade Organization (WTO), and other significant trade agreements.

Designed to give students a broad overview of international trade, licensing, and investment law, the coursebook emphasizes the role of lawyers as problem solvers and strategic risk managers in a complex and rapidly changing global business environment.

Updates in the New Edition:

The 14th Edition has been substantially updated to reflect recent and wide-ranging developments in international business and trade law. Notable updates include:

• Expanded treatment of contract formation controversies, particularly the ongoing debate over the “battle of the forms” in international transactions.
• Coverage of the recent comprehensive revisions to the International Chamber of Commerce’s Incoterms, a cornerstone of global trade practice.
• Addition of new problems addressing the growing field of digital trade and the associated legal challenges of data privacy.
• Updated trade law problems reflecting Biden administration policies, including:
  • Continued tariffs on imports from China.
  • New customs regulations targeting country-of-origin strategies.
  • Ongoing dysfunction in the WTO dispute settlement system.
  • Implementation issues surrounding USMCA.
  • Emergence of bilateral and regional trade negotiations that omit traditional market-access provisions.
  • Expanded emphasis on Buy American policies.
• A new problem on trade remedies, incorporating the resurgence of measures beyond anti-dumping and countervailing duties.
• Updated export controls in response to China’s high-tech policies and new regulations regarding the Cuba embargo and the Boycott, Divestment, Sanctions (BDS) movement.
• In the technology chapter:
  • New material on drafting franchise agreements and franchising in Canada.
  • Analysis of import restrictions on patent-infringing goods.
  • Discussion of compulsory licensing for pharmaceuticals and COVID-19 vaccines under WTO rules.
• Expanded foreign investment coverage, including:
  • Updated discussions of currency risk.
  • New material on investment protections under regional trade agreements.
  • Introduction to the U.S. Development Finance Corporation (DFC).
  • Recent cases and developments in human rights litigation related to multinational business operations.

Folsom, Alstine, Ramsey and Schaefer International Business Transactions A Problem-Oriented Coursebook Fourteenth Edition ISBN 9781647086640 & 978-1647086640