Vidyalelo
Management · Q116

International Finance and Treasury

Graduate and Post Graduate · Management · question 116

Q116

The legal settlement of international trade disputes is.

A.
Negotiation
Answer
B.
Arbitration
C.
Litigation
D.
Conciliation

Answer: Option A

Solution

Answer: Option A
Solution:
The legal settlement of international trade disputes is Negotiation. Negotiation is a settlement method which is usually applied in international dispute settlement. In particular, the parties discuss together, struggle, compromise and agree to settle the dispute. The result of the negotiation is that the dispute could be resolve or not.