What are the benefits of utilizing the negotiation process


Select two countries of your choosing, and research their laws and regulations pertaining to the settlement of disputes that arise through business transactions.

Address the following questions:

What are the benefits of utilizing the negotiation process first?

How much power and authority could the WTO enact during this process?

What are the implications of choosing private law to seek ratification? Explain.

What are the ramifications of choosing the governing law? Explain.

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