Doctrine of sovereign immunity


 

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Doctrine of sovereign immunity

Principle that a nation may not be tried in another country without its consent.



Doctrine of sovereign immunity

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Sovereign risk

Sovereign risk

The risk that a central bank will impose foreign exchange regulations that will reduce or negate the value of FX contracts. Also refers to the risk of government default on a loan made to a country or guaranteed by it.


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A country or region's power and ability to rule itself and manage its own affairs. Some feel that membership in international organizations such as the WTO are a threat to their sovereignty.


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