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An international contract is an agreement between parties from different countries, potentially governed by different legal systems. It can also apply to agreements made within the same country that have effects abroad. The first step is to choose the law governing the contract. A well-drafted international contract should detail all essential aspects, serving as a roadmap for execution. The text must be clear and unambiguous, avoiding contradictions with each other or applicable laws to mitigate the risk of liability or ity. Key elements of international contracts include formalities, language, clarity, and thoroughness.