Final answer:
Arbitration provides foreign businesses a forum other than the U.S. court system to address disputes that involve U.S. sellers or buyers.
Step-by-step explanation:
Arbitration provides foreign businesses with a forum other than the U.S. court system to address disputes that involve U.S. sellers or buyers.
Arbitration is a method of resolving disputes outside of the traditional court system. It involves a neutral third party, the arbitrator, who listens to both parties and makes a binding decision. This process is often preferred by foreign businesses as it allows them to avoid the complexities and potential bias of the U.S. court system.