Description should include the services available through various agencies and organizations that facilitate conflict resolution of global business disputes and an explanation of the function of each agency or organization. Examples should include the following:
- WTO
- International Court of Justice
- International Chamber of Commerce
Process/Skill Questions:
- What are the roles and responsibilities of the International Court of Justice?
- How would a business request information and assistance for settlement of a dispute?
- How do international courts compare to the court system of the United States?
- How does the International Chamber of Commerce handle dispute resolutions for international parties?
- What does the WTO do to handle disputes? Why is this important for international trade?
- How can the settlement of disputes help a global economy or impact the way(s) business is conducted internationally?
- What is the difference between an agent and a distributor in the U.S.? Do these terms mean the same thing in other countries?
- What potential legal consequences may arise from a dispute over a failed agent or distributor relationship?