A contract or agreement does not have to be between two companies. Another example of a dispute can be that of companies producing similar products and determining who has the rights to it. In determining a resolution, political risks must be considered. Conducting an assessment of the risk in order to determine the impact (macro- or micro-political) is important.
With this in mind, create a 1-2 page response to the following:
- Research an international dispute
- Describe the dispute and political risk
- Analyze the situation
- Conclude a possible way to avoid the dispute or risk OR a possible resolution
Answer preview
According to Nye (2008), International disputes are disagreement between two or more countries or unilateral agreement between nations that is not acceptable to other nations. International disputes include trade disagreement where countries disagree on terms of trade, border disputes, maritime dispute, conflicts concerning human rights and eventually social-cultural dispute. Border disputes are common types of international disputes which are experienced by many countries in the world…
