Arbitration – An Alternative Settlement of International Trade Disputes
Arbitration – An Alternative Settlement of International Trade Disputes

Summary/Abstract: Arbitration is today considered a form of justice adjusted specifically for disputes between traders, representing a special attraction for the business world. Arbitration can be considered as a refuse reflex from the traders to obey close-minded forms of common law procedure, characterized by excessive rigor or conservatism and as an expression of their propensity towards more malleable means of settling disputes, specific to arbitration.

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