One of the requirements for international business is the knowledge of business law. This is a subject that is a must for every business students. Global business is a reality. Besides understanding the culture of the country you are entering, understanding the business law of the country is a must. One may not be fluent in the business law but one can get a lot of help from the lawyers practising in the country you are going into. Have your own panel lawyer and if you do any business, make sure you have your lawyers go through the documents properly. You will save yourself a lot of headaches if you take the trouble to bring your lawyer along.