Water

Essay specific features

 

Issue:

Business

 

Written by:

Jeffrey L

 

Date added:

September 16, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 557

 

Was viewed:

6418 times

 

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Essay content:

It does not impose new | |obligations, but it does enforce those already agreed. | |The rationale behind the Dispute Settlement Understanding (DSU) of the WTO is to provide Members with a clear legal framework for solving | |disputes which may arise in the course of implementing WTO agreements. Clearly, agreed solutions between Members are the most desirable way| |of solving disputes...
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Clearly, agreed solutions between Members are the most desirable way| |of solving disputes. However, if this is not possible, Members can ask for panels and (possibly) appeal procedures where the WTO, by | |interpreting the rules, solves the dispute. If a Member does not comply with WTO recommendations on bringing its practice in line with WTO | |rules, then trade compensation or sanctions, for example in the form of duty increases or suspension of WTO obligations may follow...
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