Understanding International Trade Law, (Indian Economy Reprint)

This new textbook is ideal for students who are studying international trade law as part of an undergraduate degree course and as a pre-reader for those about to commence graduate vocational study. It provides the reader with a thorough examination of international trade law and looks in detail at the interconnection and practical relevance of the different contracts which may comprise an international sale transaction.

The book focuses on the international sale of goods which are transported by sea, land and air, with the main emphasis on sea transport. It introduces the reader to the trade terms used in international sale contracts, in common law and Incoterms and explains how the parties have to fulfil their relative duties. The text explains the essential issues of contracts of carriage and cargo insurance and gives special attention to aspects of financing international trade and securing payment. The text also emphasises the importance of choosing the applicable law and dispute resolution mechanism. Overview charts, tables, reflective questions and case studies are used throughout to give the reader a solid understanding of this complex and interconnected area of law.