The volume of international trade is expanding with each passing day. Both small and big countries are engaged in the import and export of goods and services. All these activities are done under the framework of the mutual contact between parties. On some occasions, disputes and legal problems surface owing to the difference in the offer made by a trading partner and its acceptance by the other trading partner.
If international trade is not processed as per the established norms, it may lead to dispute and litigation. All these create problems of jurisdiction, the applicability of law, enforcement of judgments obtained and affect the trade negatively.
