In Case of a Breach in Trade Agreements of the World

question 77

Multiple Choice

In case of a breach in trade agreements of the World Trade Organization (WTO) , which of the following WTO bodies first hears the dispute?

• A)the WTO panel
• B)the WTO appellate body
• C)the WTO dispute settlement body
• D)the WTO General Council

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Definitions:

Equity

The worth of a stake in property ownership, such as the equity held by shareholders in a company.

Dealer Market

A financial market where dealers buy and sell securities for their own accounts, acting as principals in the transaction.

Securities

Financial instruments that represent either ownership (stocks), a debt agreement (bonds), or rights to ownership (derivatives) that can be bought and sold.

Primary Market

The financial market where new securities are issued and sold for the first time, typically through public offerings or private placements.