Fundamentals of International Trade Law

Curriculum Guideline

Effective Date:
Course
Discontinued
No
Course Code
BLAW 3700
Descriptive
Fundamentals of International Trade Law
Department
Business Law
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
202030
PLAR
No
Semester Length
15 Weeks
Max Class Size
35
Contact Hours

Weekly Distribution:

  • Lecture: 3 Hours
  • Seminar: 1 Hour
  • Total: 4 Hours
Method(s) Of Instruction
Lecture
Seminar
Learning Activities

Lectures, videos, analysis of legal issues, discussion of legal cases, case assignments, and/or group activities.

Course Description
This course is designed to provide students with an understanding of several important legal principles encountered in international business. The course will consider the structure and sources of international law and will examine key legal issues found in both private and public international law.
The coverage of private international law will focus on the areas of international dispute resolution, international sale of goods transactions, international transportation, and legal aspects relating to international finance. The course will also consider selected issues of public international law that include the global trading framework, customs law, intellectual property law, international taxation, and international labour and human rights law. It is recommended that students take BLAW 1320 prior to enrolling in this course. Students who have already received credit for BUSN 3700 will not get further credit for this course.
Course Content
  1. Structure and Sources of International Law
    1. public and private international law
    2. customary international law
    3. international treaties, conventions and protocols
    4. comparative legal systems
  2. International Dispute Resolution, Jurisdiction and Choice of Law
    1. resolution of international trade disputes
    2. jurisdiction
    3. venue of dispute
    4. conflict of laws
    5. enforcement of foreign judgments
  3. International Sale of Goods
    1. international sale of goods contracts
    2. UN Convention on Contracts for the International Sale of Goods (CISG) - Vienna Sales Convention
    3. Uniform Commercial Code (UCC)
    4. Canadian Customs Law and import and export controls
    5. international products liability
    6. e-commerce and the law in international business
  4. Finance and the International Sale of Goods
    1. common methods of payment and documentation used in international commercial contracts
    2. bills of lading
    3. international bills of exchange
    4. letters of credit
    5. promissory notes
    6. basic principles of international taxation and tax treaties
  5. International Transportation
    1. carriage of goods by sea, air, road and rail
    2. United Nations International Convention on the Carriage of Goods by Sea (the Hamburg Rules)
    3. insurance and international transportation
  6. The Global Trading Framework
    1. the WTO Agreement
    2. the North American Free Trade Area
    3. other regional trading agreements
  7. International Labour and Human Rights Law
  8. Intellectual Property
    1. types of intellectual property rights
    2. international agreements to protect intellectual property rights
    3. licensing the transfer of intellectual property rights
  9. International Business Alliances
    1. main types of business structures used in international business alliances
    2. basic legal considerations associated with business partnerships, joint ventures, strategic alliances, distributorships, licences and franchises
    3. legal aspects of foreign direct investment (FDI)
Learning Outcomes

At the end of the course, the successful student should be able to:

  • distinguish between the concepts of international private law and international public law;
  • recognize the main aspects of the international legal system including the sources of international law and the issues encountered in transnational disputes;
  • identify the key elements of an international sale of goods contract and understand the role and influence of the UN Convention on Contracts for the International Sale of Goods on global trade;
  • describe the main tools used to finance the global trade in goods;
  • recognize the importance of international transportation in global trade and identify the legal issues that arise with the carriage of goods by sea, air, road and rail;
  • describe the global trading framework set out in the World Trade Organization (WTO) Agreement and various regional trading agreements including North American Free Trade Agreement (NAFTA);
  • summarize the basic principles of Canada’s customs laws as they relate to global trade;
  • distinguish between copyright, trademarks, and patents, describe the protection accorded to intellectual property by international law, and explain the available licensing mechanisms;
  • identify the general principles of international labour law and international human rights law;
  • explain the concept of international tax treaties and describe the various methods used by national governments to levy income taxes; and
  • describe the key legal aspects associated with the common forms of international business aliances.
Means of Assessment
Term examination(s) 30 - 40%
Term Paper  20 - 30%
Final examination 30 - 40%
Class participation and/or assignments and/or quizzes 0 - 10%
  100%

 

 

 

 

 

 

                           

                                     

                               

 

                                                         

Textbook Materials

Schaffer, R., Agusti, F., and Earle, B., International Business Law and its Environment. Latest Edition. (Nelson Education Canada), or

August, R., Mayer, D., and Bixby, M., International Business Law: Text, Cases, and Readings. Latest Edition. (Pearson Prentice Hall), or

Any other textbook(s) as decided by the Business Law Department, and

Additional cases and/or readings as per the Instructor's discretion.

Equivalencies