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PART 1.THE CONDUCT OF BUSINESS IN THEWORLD COMMUNITY2

Chapter 1.Commerce or Isolation：The Decision to Contract Across Borders2

Chapter 2.The Actors：The Nations and Institutions of International Trade and Contracting13

Section 2.1Who Are the Foreign Traders？13

Section 2.2Nonmarket Economies and State Trading Organizations17

Section 2.3Dependent，Developing and Advanced Developing Countries The New International Economic Order and a Law of Development18

Section 2.4International Economic Institutions20

Section 2.5The Role of Counsel in International Business25

Chapter 3.Forms of International Business44

Section 3.1Trading Goods Across Borders：Exports and Imports44

Section 3.2Licensing Production Abroad46

Section 3.3Foreign Investment48

PART 2.INTERNATIONAL TRADING OF GOODS52

Chapter 4.Agreements for the International Trading of Goods52

Introduction 4.0 The Basic Transaction-Toys to Greece52

Problem 4.1Formation of an International Transaction：Insulation to Germany80

Problem 4.2Commercial Terms，Bills of Lading and Insurance—Books to Bath111

Problem 4.3Wars and Other Frustrations：Oil From Araby146

Problem 4.4Electronic Commerce：Outbound Organics Company and Digital Goods Ltd185

Problem 4.5The Bill of Lading：Computers to Caracas225

Problem 4.6Selling Through Distributorships/Agents and the Use of Countertrade：Growfast in Mexico and Russia258

Chapter 5.Financing the International Sale of Goods290

Introduction 5.0 Letters of Credit290

Problem 5.1 The Letter of Credit and Electronic Communication：Gold Watch Pens For France293

Problem 5.2 Enjoining Payment of Letters of Credit for Fraud：VCRS From China341

Problem 5.3 Standby Letters of Credit：Electronics to Israel380

PART 3.TRANSFERS OF TECHNOLOGY416

Chapter 6.Licensing Theft and Protection of Intellectual Property416

Introduction 6.0 Intellectual Property and International Transactions416

Problem 6.1 Franchising and Trademark Licensing： Colonel Chicken Goes Abroad428

Problem 6.2 Patent and Knowhow Licensing：Oil Drilling Bits in Germany and Mexico463

PART 4.DISPUTE SETTLEMENT494

Chapter 7.The Resolution of International Disputes494

Introduction 7.0 The Resolution of Business Disputes494

Problem 7.1 Resolution of International Disputes：Televisions Everywhere： Choice of Forum and Jurisdiction520

Problem 7.2 Service of Process， Forum Non Conveniens and Choice of Law：Orchid Fertilizer to Venezuela557

Problem 7.3 International Enforcement of Foreign Arbitral Awards：Cars From Malaysia591

Appendix The European Union622

INDEX653