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This is a special break-out edition adapted from the authors' widely used International Business Transactions: A Problem-Oriented Course Book , 12th edition. The purpose of this volume is to facilitate a focused study of the law of foreign investment. After a brief introduction to the conduct of business in the world community, the book uses hypothetical problems to present some of the most typical and important issues regarding the decision to invest, the operation of an investment, and threats to an investment such as expropriation and sovereign default. The book also includes problems on dispute resolution, including both transnational litigation and international commercial arbitration. The primary focus is on lawyers as problem solvers.