International Trade Essentials An Integrated Approach Across Business, Economics, and Law

Part 1: Why Does International Trade Matter for Us All?

1.     Introduction: Can We Imagine a Future Without International Trade?

Part 2: Why Does International Trade Matter for Firms?

2.     Unveiling the Global Trade Ecosystem

3.     The Essentials of Internationalisation

4.     Internationalisation: Key Issues and Challenges

Part 3: Why Does International Trade Matter for Countries?

5.     The Economic Significance of International Trade

6.     International Trade’s Ideologies and Theoretical Compass

7.     International Trade Policies and Measures

Part 4: Why Do International Trade Laws and Regulations Matter?

8.     Key Principles of International Commercial Terms (Incoterms®)

9.     Customs Formalities Process

10.  Key Contracts in International Trade

Part 5: Why Does Sustainable Trade Matter?

11.  International Trade for a Sustainable World

Bibliography

Index

Biography

Nuntana Udomkit is Associate Professor of Business Administration at Mahidol University International College, Mahidol University, Thailand. She earned her Ph.D. in Economics and International Development from the University of Bath, United Kingdom, along with a law degree and specialised certificates in International Trade and International Trade Law.

Before joining academia, she gained professional experience at the Bank of Thailand, the Ministry of Commerce, and in legal practice. She now teaches courses in Global Trade, Policies and Regulations, and Internationalisation Strategy.

'International trade remains a cornerstone of economic advancement. As global commerce grows increasingly interconnected, influential, and shaped by business strategies, policies, and complex regulations, an interdisciplinary understanding is more critical than ever. With rigorous theories, current data, and real-world relevance, this book serves as an essential resource for policymakers, practitioners, and academics seeking to understand today’s global trade environment.'

 

Krirkkrai Jirapaet

Former Minister of Commerce, Thailand

Former Permanent Secretary, Ministry of Commerce, Thailand

Former Ambassador of Thailand to the WTO

 

 

'International trade is best understood through multiple lenses, yet the legal dimension remains under-integrated in many international business studies. This book brings together international business, economics, trade policies, and legal frameworks in a cohesive and practical way. Clear, insightful, and highly useful for professionals and academics in cross-border trade.'

 

Sorachon Boonsong

Partner, Baker McKenzie (Bangkok)

Director and Secretary, The Cambridge Thai Foundation

 

 

'A rigorous yet accessible foundation for understanding international trade, framed by essential ‘why’ questions - why it matters for individuals, firms, countries, and the legal frameworks that govern it. The book also highlights how responsibly managed trade can foster inclusive and sustainable development. A recommended read for those seeking to understand the holistic picture of international trade.'

 

Nitinant Wisaweisuan

Former Dean, Puey Ungphakorn School of Development Studies, Thammasat University, Thailand

Lecturer in Economics

 

 

'A well-structured and reader-friendly analysis of international trade. A practical and comprehensive guide to navigating today’s complex global markets.'

 

Chantapat Panjamanond

Minister (Commercial), Office of Commercial Affairs, Royal Thai Embassy, Tokyo

Author of Global Trends for Thai Products: A Guide to Survival and Growth for Entrepreneurs