New economic conditions in the developed and newly industrializing world increasingly force us to question the foundations of existing international economic relationships. This study sheds some light on the complex relationship between law and economics. Beginning with the historical evidence of market structure, trade, and law, the work progresses to discuss transportation, export finance, marine insurance, and technology transfers. The author provides some interesting insights into and discussion on the future of international trade and the untested relationship between social and political chaos and the law.