Dispute Arbitration Occurs When A(n)

question 67

Multiple Choice

Dispute arbitration occurs when a(n)

• A)dispute turns into a military conflict, but it is not officially declared a war by the legislative branch.
• B)international disagreement is referred to a neutral third party for resolution.
• C)treaty is made between two or more nations.
• D)agreement is made between the presidents of two countries, but the terms are not legally binding.

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Definitions:

Globalization

The method through which companies or various organizations gain international impact or begin to function globally.

Less Developed Countries

Nations with low levels of economic resources, industrial base, and development.

Working Conditions

The environment, terms, and circumstances under which an individual is employed, including aspects like hours, safety, and physical demands.

Capitalist Economy

An economic system characterized by private or corporate ownership of capital goods, and the production for profit and accumulation of wealth.