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According to the pragmatic nationalistic view, the MNE is a tool for exploiting host countries to the exclusive benefit of their capitalist-imperialist home countries.
Mandatory Arbitration Clause
A provision in a contract requiring the parties to resolve disputes through arbitration, rather than through litigation.
Waived
Means voluntarily giving up a known right, claim, or privilege.
Right to Sue
The legal authority granted to an individual or entity to bring a lawsuit against another party.
Neutral Third Party
An unbiased individual or group engaged to mediate or arbitrate between conflicting parties.
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