Economics · International Trade
Under the WTO Dispute Settlement Understanding (DSU), consider the following statements: 1. Panel reports are automatically adopted by the Dispute Settlement Body (DSB) unless there is a consensus against adoption. 2. The Appellate Body ideally consists of seven members serving four-year terms, renewable once. 3. Retaliatory measures can be unilaterally imposed by a member without prior authorization from the DSB. Which of the statements given above are correct?
- 11 only
- 21 and 2 only✓
- 32 and 3 only
- 41 and 3 only
Correct answer
1 and 2 only
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