Greatly expanded coverage in this third edition of Law of International Business Transactions provides a text that brings together in one volume the necessary and key topics. The third edition now moves beyond the area of arms length sale of goods to deal with other strategies used by traders to penetrate foreign markets. Structures for doing business overseas including agency, distributorship, licensing, franchise, joint venture and wholly owned subsidiary are discussed against the background of the expanding opportunities for market penetration provided by the WTO Agreements covering services, intellectual property and investment measures. Curbs on host government controls over foreign investment found in bilateral investment protection agreements and free trade area and common market agreements are highlighted. Other key areas dealing with the transport of goods and financing of transactions found in previous editions have been revised and the chapter on government controls has been updated. Burnett has continued the acknowledged excellence, insight and practicality of the previous editions.