76051 International Trade Law (UG)

This subject deals with legal aspects of international business transactions. An introductory segment explaining the international legal framework for the conduct of international trade in goods and services is followed by sessions dealing with: the law relating to international sale of goods (governed by the International Convention on Sale of Goods); the law relating to international carriage of goods (governed by international conventions and international custom); the alternative methods for conduct of international business including joint ventures and countertrade, government mechanisms controlling entry of goods and unfair trading practices such as dumping and subsidisation of goods, financing international transactions (which will be primarily concerned with Uniform Rules for Documentary Credits); and international governmental agreements regulating trade in services.