Today, no business is purely domestic. Even the smallest local firms are affected by global competition and world events. INTERNATIONAL BUSINESS LAW AND ITS ENVIRONMENT, 10E provides complete, inviting coverage of the legal implications and ramifications of doing business internationally. Readers examine the cultural, political, economic, and ethical issues that today’s global business managers face. With a focus on trade, the licensing of intellectual property, and foreign direct investment, this edition examines the three major forms of doing business in a foreign country. Real examples, precedent-setting cases, managerial implications, and ethical considerations further emphasize key principles. From the legal relationship between parties in an international business transaction to managing risk to the special challenges of conducting business in emerging economies, readers review the most common practices and critical issues in global business law. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.