FOREIGN Materials on Hraduate Library Depos USA 8-22-78 FOREWORD The conduct of international business is a mixture of exporting, licensing and investment. This publication is an effort to bring together basic information on international business primarily to assist those entering the field for the first time. These articles, written by members of the Foreign Business Practices Division, should provide enlightment on the possibilities for profit from diversified marketing techniques. The subjects covered include surveys of the requirements governing termination of agency agreements with foreign distributors, the present conditions with respect to resolution of trade disputes through international commercial arbitration. There is a review of the international treaties and conventions affecting industrial property rights, summaries of the patent and trademark protection available in foreign countries, and data on foreign licensing and foreign joint ventures. Information is also provided on the use of several important vehicles for conducting foreign operations-Domestic International Sales Corporations (DISC's), Export Trade (Webb-Pomerene) Associations, and Western Hemisphere Trade Corporations (WHTC's). This publication is intended only as an introduction and is not a substitute for professional advice. The services of a qualified person should be sought if legal or other assistance is required. Travis E. Reed Assistant Secretary for Domestic and International Business |