December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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World Trade Organization | 769
Settling Disputes
A further important feature of the WTO is its dispute settlement process. This lies
at the heart of WTO. In all of the diverse multilateral trade agreements, breaking
the rules means being taken to court; in fact, the same court for all breaches of
agreement. If, as a result of an enquiry, measures are found to be in error with
respect to WTO rules, they have to be brought into conformity with the WTO
obligations. If they are not, then compensation and retaliation—with the approval
of the General Council sitting as the DSB—are provided for and in this context,
the inter-relationship between the ...
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