International Business Law and Its Environment / Edition 8

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International Business and Its Environment delivers comprehensive coverage of the legal, cultural, political, economic, and ethical issues global business managers face. Focusing on the trade, licensing and investment life-cycle that many domestic (new-to-international) and multinational organizations experience, the authors present the market-entry strategies, increasing levels of penetration into foreign markets, and set of risks that firms encounter during each life-cycle phase. From protecting and licensing intellectual property to learning the special challenges of doing business in developing countries and non-market-economies, the 8th Edition helps you understand the most important and emerging issues in global business law through its cutting-edge cases and real-world examples, relevant case questions, managerial problems, and ethics activities.
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Editorial Reviews

Emphasizing both public and private law, this textbook is designed for courses in international business law, international business transactions, or the law of international trade and investment. Schaffer (business law, Appalachian State U.) and two co-authors discuss international and US trade law, international commercial transactions, and the regulation of the international marketplace. A sampling of topics includes the resolution of international disputes, liability of air and sea carriers, sales contracts, the WTO, NAFTA, GATT, the European Union, labor law, environmental law, and intellectual property rights. The volume does not contain bibliographical references. Annotation c. Book News, Inc., Portland, OR (
From the Publisher

"I have used the Shaffer textbook for many years and believe it is the best college-level textbook on international business law. It is well-written, authoritative, and duly rigorous."

"The chapters begin with sufficiently basic material and build from there. It's very useful to have key terms highlighted and paginated at the end the chapter."

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Product Details

  • ISBN-13: 9780538473613
  • Publisher: Cengage Learning
  • Publication date: 1/26/2011
  • Edition description: Older Edition
  • Edition number: 8
  • Pages: 700
  • Sales rank: 1,325,440
  • Product dimensions: 8.20 (w) x 10.10 (h) x 1.30 (d)

Meet the Author

Richard Schaffer is a Professor Emeritus of Business Law in the Department of Finance of the Walker College of Business at Appalachian State University. He taught for twenty-five years in the areas of business law, international business transactions, and the law of international trade and investment, and founded the university's international business and business study abroad programs. Prior to academia, Professor Schaffer worked with the United Nations examining the relationship between corrupt practices, multinational corporations, and socio-economic development, and also served as rapporteur of UN working groups on international economic crime. He has consulted to business schools and industry trade groups, as well as businesses. Professor Schaffer received his J.D. from the University of Mississippi and his LL.M. from New York University.

Filiberto Agusti is a partner in the international law firm of Steptoe & Johnson, LLP, where he has practiced law since 1978. He represents governments, multinational corporations, manufacturers, and investors in international arbitrations, lawsuits between multinational enterprises, and transactional negotiations. His work involves disputes and negotiations over international infrastructure, power generation facilities, cross-border corporate acquisitions, international joint ventures, and bankruptcy reorganizations. Mr. Agusti has authored articles for the Harvard Law Review and other legal publications, is a frequent speaker at professional seminars around the world, and regularly comments on legal issues on camera for Univision, Telemundo, and CNN en Espanol. Mr. Agusti was a law clerk to the U.S. Court of Appeals for the Second Circuit, and received his law degree from Harvard Law School, where he was a senior editor of the Harvard Law Review.

Lucien Dhooge is the Sue and John Staton Professor of Law at the College of Management at the Georgia Institute of Technology where he teaches international business law and ethics, and serves as director of the global executive M.B.A. program and area coordinator in law and ethics. Prior to his tenure with the Georgia Institute of Technology, Professor Dhooge practiced law for eleven years and served on the faculty of the University of the Pacific in California for twelve. He has authored more than fifty scholarly articles, co-authored five books, and is a past editor-in-chief of the American Business Law Journal and Journal of Legal Studies Education. Professor Dhooge has presented throughout the United States, as well as in Asia, Europe, and South America, and has received numerous research and teaching awards, including six Ralph C. Hoeber Awards for excellence in published research. After completing an undergraduate degree in history at the University of Colorado, Professor Dhooge earned his J.D. from the University of Denver College of Law and his LL.M. from the Georgetown University Law Center.

Beverley Earle is a Professor and Chair of the Law, Taxation and Financial Planning Department, at Bentley University, Waltham, Massachusetts where she has been on the faculty since 1983. She teaches international business law at the undergraduate and graduate level as well as courses on the legal environment of business and law and society. She graduated with a B.A. from the University of Pennsylvania and a J.D. from Boston University and is admitted to practice in Massachusetts. Her law review articles have been published by universities including U.C. Berkeley, Northwestern, Cornell and University of Iowa (forthcoming) to mention a few. She has received numerous awards including the Academy of Legal Studies in Business Holmes-Cardozo award as well as Bentley's Scholar of the Year, Innovation in Teaching Award and Outstanding Scholarly Contribution Award. She is past President of the International Section of the ALSB. Since 2006, she has been an appointee to the Massachusetts Board of Bar Overseers Hearing Committee on Attorney Discipline.

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Table of Contents

PART I: THE LEGAL ENVIRONMENT OF INTERNATIONAL BUSINESS. 1. Introduction to International Business. 2. International Law and the World's Legal Systems. 3. Resolving International Commercial Disputes. PART II: INTERNATIONAL SALES, CREDITS, AND THE COMMERCIAL TRANSACTION. 4. Sales Contracts and Excuses for Nonperformance. 5. The Documentary Sale and Terms of Trade. 6. The Carriage of Goods, and the Liability of Air and Sea Carriers. 7. Bank Collections, Trade Finance, and Letters of Credit. PART III: INTERNATIONAL AND U.S. TRADE LAW. 8. National Lawmaking Powers and the Regulation of U.S. Trade. 9. GATT Law and the World Trade Organization: Basic Principles. 10. Laws Governing Access to Foreign Markets. 11. Regulating Import Competition and Unfair Trade. 12. Imports, Customs, and Tariff Law. 13. The Regulation of Exports. 14. North American Free Trade Law. 15. The European Union and Other Regional Trade Areas. PART IV: REGULATION OF THE INTERNATIONAL MARKETPLACE. 16. International Marketing Law: Sales Representatives, Advertising, and Ethical Issues. 17. Licensing Agreements and the Protection of Intellectual Property Rights. 18. Host-Country Takings of Property: Nationalization, Corporate Law, Taxation, and Currency Control. 19. Labor and Employment Discrimination Law. 20. Environmental Law. 21. Regulating the Competitive Environment. Appendix A: United Nations Convention on Contracts for the International Sale of Goods. Appendix B: The General Agreement on Tariffs and Trade. Appendix C: Multilateral Agreements on Trade in Goods (Selected Provisions). Appendix D: General Agreement on Trade in Services (Selected Provisions). Appendix E: Agreement on Trade-Related Aspects of Intellectual Property. Appendix F: North American Free Trade Agreement. INDEX. Note: All appendices are located on the companion website at
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