WORLD HISTORY

Detailed explanation-1: -An agreement between two countries is called “bilateral, ‘’ while an agreement between several countries is “multilateral.” The countries bound by an international agreement are generally referred to as “States Parties.” Under international law, a treaty is any legally binding agreement between states (countries).

Detailed explanation-2: -Penn State uses three types of agreements for international collaborations-a Letter of Intent (LOI), a Memorandum of Understanding (MOU), and a Memorandum of Agreement (MOA).

Detailed explanation-3: -A treaty is an international agreement concluded in written form between two or more States (or international organisations) and is governed by international law. A treaty gives rise to international legal rights and obligations.