International Commercial Law (Paperback)

High Quality Content by WIKIPEDIA articles! International commercial law is the body of law that governs international sale transactions. A transaction will qualify to be international if elements of more than one country are involved. Since World War II international trade has grown extensively, seeing the increasing importance of international commercial law. It plays a vital role in world development, particularly through the integration of world markets. Lex mercatoria refers to that part of international commercial law which is unwritten, including customary commercial law; customary rules of evidence and procedure; and general principles of commercial law.