Arbitration Also Involves a Neutral Third-Party, but the Neutral Third-Party

question 3

True/False

Arbitration also involves a neutral third-party, but the neutral third-party is empowered to issue findings that can be binding on the disputants.

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Definitions:

Dollarization

The process of a country adopting the US dollar as its primary currency, either officially or unofficially, alongside or in place of its own national currency.

Foreign Currency

Money or currency used in a country other than one's own.

Physical Commodity

Tangible goods that can be traded, bought, or sold, such as oil, gold, or agricultural products.

Intrinsic Value

The inherent worth of something, regardless of its external market price.