This book is a product of Prof. Ansay`s lectures from a 4th year undergraduate elective course on international business law (IBL) at Koç University Law School in Istanbul, where a curriculum was implemented to match the needs of increasingly global and international economies. There are many books on IBL on the market. These are mainly geared towards the needs of Western developed states, and the needs of law students in those countries. The main purpose of this book is to provide students and young practicing lawyers with background information on general issues of IBL. Although the main audience of this book is law students and young practicing lawyers entering the international practice of business law, the book may also prove to be beneficial for students of business administration, as well as other persons dealing with international business.