The International Commercial Exchange

.

Chapter 4 in Introduction to International Business Transactions, 2024, pp 189-300 from Edward Elgar Publishing

Abstract: Chapter 4 introduces the forms of international commercial exchange: commercial sale and purchase agreements, commercial leases, buy-sell distribution arrangements, and commission agents. It then discusses efforts at global harmonization of commercial law, focusing on the UN Convention on Contracts for the International Sale of Goods (CISG). It explains the rules governing the CISG's application and exclusion and gives an overview of its substantive rules. It describes some of the challenges of international sales of services agreements. It then introduces the concept of shipping and delivery terms, with special attention to the International Chamber of Commerce's Incoterms. It describes the rules for freight by ocean, air, and land and the role of the bill of lading. It identifies the options for international payments and explains the concept of a commercial letter of credit. Finally, it discusses the problem of foreign exchange risk and the options for minimizing risk.

Keywords: Business and Management; Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035318162.00010 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22630_4

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().