Previous edition: 2012.

Includes bibliographical references and index.

The forms and challenges of global business -- Finding your way in a foreign legal and cultural landscape -- Commercial codes : the development and application of international contract rules and standards -- Drafting the international sales contract : standard commercial terms and other key contract provisions -- Documentary sales and letters of credit : techniques to facilitate exports -- Other selected legal aspects of international sales transactions -- Balancing risk and return : overseas production with permitted use of intellectual property rights -- International franchising arrangements -- The decision to invest abroad : definitions, incentives, and methods of foreign direct investment -- FDI restrictions and risks : host country regulation, international regulation, and the universe of risks facing investors -- Protection of FDI interests : facing host government regulation and insuring against risk -- Dispute resolution in international business transactions -- Corrupt practices : regulatory efforts to combat bribery.