Intl Business Transactions

Catalog description

This course will provide an introduction to the rules governing international business transactions. It will cover basic U.S. trade rules, and the organization of the World Trade Organization and regional trading arrangements. Topics will include tariffs and non-tariff barriers, responses of domestic producers to import competition, and the resolution of trade disputes. The course will also focus on issues that arise in typical international business transactions, such as the choice between CIP and FOB contracts, the risks of international trade and allocation of risks by contract, and the use of letters of credit. Graded.