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Fairness in the resolution of international business disputes.
DISPUTE RESOLUTION SYSTEMS: AN ELEMENT OF INTERNATIONAL BUSINESS AGREEMENTS
International business agreements are made within a context of multiple, possibly conflicting, dispute resolution systems. Some of these systems are essentially a composite of a country's courts and laws, while others (e.g., arbitration) are somewhat distinct from national legal systems. A purchasing manager considering entering an international agreement should be knowledgeable about the potential ramifications of such systems. This knowledge can then be used when negotiating the agreement. The discussion that follows attempts to provide some background information concerning dispute ...
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