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The OLS estimator is a linear estimator, 1 = , where i =
Nontariff Barrier
Trade restrictions that don't involve tariffs, such as quotas, embargoes, or regulations, affecting the import or export of goods.
Arbitration
A form of alternative dispute resolution where an impartial third party, the arbitrator, makes a decision in a conflict that is binding on the parties involved.
Forum Selection Clause
A provision in a contract that specifies which court or jurisdiction will resolve any disputes that arise under the contract.
Franchise Agreement
A legal, binding contract between a franchisor and franchisee, outlining the terms and conditions for operating a franchised business.
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