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Define the following: GATT WTO International Law Arbitration Territorial Principle Answer the following: Canada and Russia have competing claims over fishing and mining rights in

Define the following:

  1. GATT
  2. WTO
  3. International Law
  4. Arbitration
  5. Territorial Principle

Answer the following:

Canada and Russia have competing claims over fishing and mining rights in parts of the Arctic Ocean. Assuming they cannot settle their competing claims through diplomatic negotiation, where might they have their dispute settled?

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