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Private Ordering and Institutional Choice: Defining the Role of Multinational Corporations in Promoting Global Labor Standards

Publication Title

Washington University Global Studies Law Review

Abstract

Ian R. McNeil’s concept of relational contracting helped to transform our understanding of a contract from a mere exchange of promises to the creation of a relationship. Contracts are “relations among people who have exchanged, are exchanging, or expect to be exchanging in the future—in other words, exchange relations.”

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