Objectives of the course

The aim of international business law is to study the legal rules governing international economic relations. A set of these rules is seen through the unique interdependence of domestic and international norms.

CodeSubject statusSemesterClassesECTS
P-MPP Compulsory VIII 4+2 8

Acquired knowledge

The task of the course is to provide the necessary scientific knowledge on the legal characteristics of international economic relations, establishing and regulating the direct business relations of economic entities in connection with the international trade in goods, services and money.

Content of the subject

The notion of International Business Law, International Economic Relations (MEO), stages of development of international economic relations of importance for MTP, MEO general remarks, relationship with other branches of law, relation to domestic legislation, relationship with International Economic Law (MEP), sources of international trade economic principle), the general principles of international trade relations, the principle of freedom of trade, preferential (benevolent) position, disparity and the principle of fair treatment, the principle of freedom of money transfer and monetary values, the freedom of capital transfer in the European Monetary Union, the lack of a universal payment system, the principle of freedom of transportation freedom of use of electronic means of communication and e-commerce, principles of MTP in international trade agreements, the principle (system) of the most privileged nation, types of clauses of the most privileged nation , one-sided, two-sided and multilateral clauses of the greatest privilege, unconditional and conditional clauses of the greatest privilege, current (pro futuro) and future (de praeterio) clauses, positive and negative clauses, limitations and exceptions of the greatest privilege, limitations of the greatest privilege clause, exemptions from the most prestigious nation’s clauses, national treatment, minimum system, principle of reciprocity, preferential treatment, open door system.

Teaching methods and material mastering

Lectures, exercises, consultations, written examinations (colloquiums) individual student work (seminar and homework, papers, etc.), as well as group participation of students in the study of certain thematic units.

Forms of knowledge assessment

  • Test 1 (0-15 points)
  • Test 2 (0-15 points)
  • Final exam (0-50 points)
  • Seminar(s) (0-10 points)
  • Teaching activities (0-10 points)