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Market Failures

Market Failures Summary A market failure occurs when a free market fails to allocate resources efficiently or effectively. During market failures, the nature of the market is not Pareto efficient,…

INTERNATIONAL COMMERCIAL ARBITRATION Part 1 Question 1: Why is severability such an important principle in arbitration? The principle of severability is one of the important principles that are to be…

International business strategy Options of entry modes The decision concerning how a business gains entry to a foreign market usually imposes significant impacts on the outcomes. The options of foreign…

THE 2010 GULF OF MEXICO OIL SPILL Introduction Environmental dilapidation is usually known to be a result of human economic activities and endeavors. Frequently, these activities end with the discharging…

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