Aims & Objectives:

• Identify, understand and apply the relevant legal principles in an international business environment
• Demonstrate a sound knowledge of the laws, (including relevant treaty law multilateral and domestic law), which impact on international contracts, payments, and dispute settlement
• Be able to utilise theoretical and analytical skills necessary to identify, understand and apply key financial and legal principles in an international business environment
• Demonstrate a sound knowledge of international finance and law concepts which are essential elements of successful international business operations

Teaching Methods:

Lecture (1 hours) and Tutorials (2 hour)

Lecture/seminars and case study presentations will be used to introduce the topics and resources, demonstrate concepts, and provide a forum for demonstration, discussion and questions.

Assessment:

Assignment (25-35 %); Test (20-30 %); Examination (35-45%)

Generic Skills Outcomes:

• Capable in their chosen professional, vocational or study areas
• Entrepreneurial in contributing to innovation and development within their business, workplace or community
• Effective and ethical in work and community situations
• Adaptable and able to manage change
• Aware of local and international environments in which they will be contributing (e.g. socio-cultural, economic, natural)

Content:

• The nature, role and functions of foreign exchange markets
• Factors that influence movements in exchange rates and their impact on multinational business
• International money and capital markets and the role of international banks
• Legal principles in the international business environment
• Domestic, bilateral and multilateral regulatory frameworks for international contracts, payments, and dispute settlement

Reading Materials:

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.