This seminar will examine selected topics of international commercial transactions. The seminar will begin with a discussion of the international commercial environment and proceed with a discussion relating to how businesses operate in that environment. Choosing the correct business vehicle for establishment of overseas business operations will be discussed, including such alternatives as establishing a branch vs. a subsidiary or utilizing a distribution network or technology transfer or joint venture. The seminar will cover U.S. export regulations and special legislation such as economic sanctions and the Foreign Corrupt Practices Act. Finally, the seminar will consider some of the issues involved in doing business in particular regions such as the Middle East, ASEAN and European Union and how to approach disputes in the international business arena. Students will be expected to present research on these issues and the topics of their papers.
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