As regards the WTO and the settling of disputes, which one of the…

Question Answered step-by-step As regards the WTO and the settling of disputes, which one of the… As regards the WTO and the settling of disputes, which one of the following statements is incorrect? a.Dispute settlement is the central pillar of the multilateral trading system and the WTO’s unique contribution to the stability of the global economy   b.The priority of the WTO is to settle disputes through consultations if possible   c.WTO members have agreed that if they believe fellow members are violating trade rules, they will use the multilateral system of settling disputes instead of taking action unilaterally and that means abiding by the agreed procedures and respecting judgments   d.WTO panels are like tribunals, but the panellists are never chosen in consultation with the countries in dispute   e.A dispute arises when one WTO member adopts a trade policy measure or takes some action that one or more fellow-WTO members considers to be breaking the WTO agreements or to be a failure to live up to obligations    Business Management Business Law Share QuestionEmailCopy link Comments (0)