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Call Calv

Call option

A contract which entitles one party (exporter or importer), at his option, to buy a specific amount of currency to another party (usually a bank), at a price fixed in the contract, within a specified time limit. See American option;…

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Calvo doctrine

A legal principle that jurisdiction in international investment disputes lies with the country in which the investment is located; thus, a foreign investor has no recourse beyond the host country´s local courts.

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