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International Trade Externship
4 credit hours (3 clinical, 1 academic), Fall or Spring
Students work twelve hours per week, under the supervision of their field supervisors, in law firms or corporations specializing in international trade law. In the weekly seminar, special attention is given to agency and distribution agreements (inbound and outbound, civil and common law legal systems); licensing and franchising; choice of entity (under U.S. law, EU, and NAFTA) for companies wishing to set up an establishment abroad; basic elements of international taxation related to the entity form selected; NAFTA and the WTO; and legal aspects of political risk. Both an inbound and outbound perspective is given in order to prepare students to represent foreign entities in the U.S. and to assist U.S. entities that want to do business abroad.