Students in this field study how states relate to one another in the international economy and the legal context of international business transactions. The field involves the public international law and domestic law applicable to international business transactions between private parties, as well as the public international law applicable to trade relations among states.
Students have the opportunity to explore such areas as the sales of goods, intellectual property licensing and protection, international finance and foreign direct investment, and the settlement of related disputes. This field also involves international organizations related to international business and economic activity, including multilateral organizations such as the WTO or the IMF, regional organizations such as the European Union or NAFTA and functional organizations such as the Basle Committee on Bank Regulation.
The International Business and Economic Law field of study requires the completion of a minimum of three courses.