International arbitration and competing dispute resolution options
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Extract: Since Ogg and Ugg, from rival villages, asked Igg, from a neutral third village, to resolve the disputed sale of a pig, 'cross-border commercial arbitration' has been practices in many categories of disputes and in multiple locations The combined impetus of the lex mercatoria of medieval traders and merchants, domestic legislative and judicial policy in contemporary legal systems, and numerous multilateral and bilateral international treaties and conventions have given status, impact and currency to the practice of arbitration across borders.
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