Examlex
Countries gain from specializing in producing goods in which they have ________ and trading for goods in which other countries have ________.
Bazerman
Max H. Bazerman is a professor known for his work in the field of negotiation, decision making, and ethics.
Arbitration
A method of dispute resolution where an impartial third party makes a decision that is binding on all involved parties.
Mediation
Mediation is a conflict resolution process where a neutral third party (the mediator) facilitates dialogue between disputing parties to help them reach a mutually acceptable agreement.
Resistance Points
The positions beyond which a negotiator is unwilling or unable to go in a negotiation; the limit of compromise.
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