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Disputes in international trade are inevitable from "summary" of Modern Law of International Trade by Ajendra Srivastava
In the complex world of international trade, disputes are bound to arise due to a variety of factors. These disputes can stem from differing interpretations of contracts, misunderstandings between parties, or unforeseen circumstances that affect the terms of trade agreements. As businesses from different countries come together to engage in trade, cultural and language barriers can also play a role in creating potential conflicts. International trade involves a multitude of parties, including buyers, sellers, intermediaries, and government entities. Each of these entities may have their own interests and objectives, which can sometimes clash and lead to disputes. Additionally, the sheer volume of transactions that take place in the global marketplace increases the likelihood of disagreements and conflicts arising. Furthermore, the nature of interna...
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