LAWS 3038 International Transactions Law

Credit Points 10

Legacy Code 200930

Coordinator Margaret Hyland Opens in new window

Description This unit will examine the law, principles and practice governing international business transactions, including such issues as foreign investment law, the UN Convention on Contracts for the International Sale of Goods (CISG), the means of cross-border payments in international business and international banking and finance, and international anti-corruption regulations. The unit will also examine the enforcement of international business agreements, including alternative dispute resolution in an international context.

School Law

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Undergraduate Level 3 subject

Pre-requisite(s) LAWS 1004 OR
LAWS 1001

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Critically evaluate the similarities and differences between domestic and international business transactions.
  2. Critically evaluate and apply an understanding of domestic and international law relating to enforcement of international business agreements.
  3. Apply an understanding of the role of the major international bodies which assist in the enforcement of international transactions.
  4. Critically evaluate and apply an understanding of the wider context of international commercial transactions in a digital age.

Subject Content

- An overview of what constitutes 'international business transactions'.
- foreign investment Law and regulation in Australia and major trading partners such as China, India and Japan.
- UN Convention on contracts for The international sale of goods (CISG)
- The role and effect of The World trade organisation
- The role of The Multinational banks in cross-border payments and The major payment clearing houses.
- The Law and principles relating to The enforcement of international business agreements.
- Australian and international (such OECD) regulations relating to corruption.
- alternative Dispute Resolution of international commercial disputes.

Prescribed Texts

  • John Mo, International Commercial Law (LexisNexis, 5th ed, 2012)

Teaching Periods