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1. Application of Economics: Applies economic principles to real-world business scenarios.
2. Decision-Making: Guides rational and informed managerial decisions.

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A Changing Landscape

Globalization has significantly altered the nature and complexity of commercial relationships, leading to a surge in international business transactions. With diverse parties, cultures, and legal systems coming into play, traditional court litigation often struggles to accommodate the intricate demands of modern commerce. Here, arbitration has risen to prominence as a flexible and neutral forum for resolving disputes outside the national court systems.

ICCA Global's Guiding Role

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