Examlex
How do centralized IR systems help bring about improved economic performance?
Neutral Third Party
An impartial individual or entity involved in a negotiation or conflict resolution who does not favor any side involved in the dispute.
Negotiation
A dialogue between parties intended to reach a beneficial outcome over a conflict, disagreement, or deal.
Arbitrations
A method of resolving disputes outside the courts, where the parties involved present their case to a neutral third party for a decision.
Trials
Formal judicial proceedings where disputes are resolved and judgments are made based on evidence presented.
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