Global business transactions encompass any exchange of services, goods, or technology at an international scale. This includes international production and distribution of resources to make profits, and could also encompass non-financial objectives like corporate social responsibility, which has an impact on a nation’s future.

In a world of ever interconnected economies, global commerce is the production and sale of goods or services across borders and between nations. Most of the food you eat, the clothes you wear and the vehicles you drive, and the electronic gadgets you use are made from globally sources of materials. Over time, as governments have reduced trade and investment barriers, more businesses participate in international trade.

It can be as simple and easy as a modest US clothing company that sources fabric from the United Kingdom and selling to customers across the globe. They use online tools to monitor their sales and performance. More complex examples include large multinational companies that produce in multiple countries, export and import from many countries, and compete with domestic competitors as well as internationally-based entities.

Lawyers are increasingly required to help clients with international business transactions. This course is designed to provide you the tools to be able to navigate the legal challenges that arise when companies are globally operating. This course examines the laws and treaties that govern global https://vdrlabs.info/why-virtual-data-rooms-are-essential-for-global-business-transactions trade, from protecting intellectual property to planning against the possibility of international litigation.