'disputes arising out of the contract shall be referred to municipal courts of state which grants…
A contractual stipulation by which a foreign investor agrees to submit disputes arising from the contract exclusively to the local courts of the host state granting the…
Choose your answer
'disputes arising out of the contract shall be referred to municipal courts of state which grants concession'. This is known as:
Answer and explanation
Correct answer B
A contractual stipulation by which a foreign investor agrees to submit disputes arising from the contract exclusively to the local courts of the host state granting the concession is known as the "Calvo clause".
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