In this subtitle the following terms have the meanings indicated. “Arbitral tribunal” means a sole arbitrator or a panel of arbitrators. “International commercial arbitration” means an arbitration in which: The relevant place of business of at least 1 of the parties to the agreement is in a country other than the United States; or If none of the parties has a relevant place of business in a country other than the United States, the relationship between any of the parties to an arbitration agreement involves property located abroad, envisages performance or enforcement abroad, or has some other reasonable relation with 1 or more foreign countries. If a party has more than 1 place of business, the relevant place of business shall be the place of business: That has the closest relationship to the arbitration agreement; or Designated by the agreement of the parties. If a party does not have a place of business, the party’s habitual residence shall be deemed the place of business.