Under GATT,the Decision of a Dispute Body Can Be Overturned

question 64

True/False

Under GATT,the decision of a dispute body can be overturned only by the unanimous veto of all members.

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Definitions:

Interest Per Month

Interest per month is the amount of interest charged or earned on a loan or investment for a one-month period, typically expressed as a percentage of the principal.

Year-end Balance

The total amount of money in an account or on the financial statements at the conclusion of the fiscal year.

Compounded Monthly

Interest on an investment or loan calculated each month on both the initial principal and the accumulated interest from previous months.

Effective Annual Interest Rate

The effective annual interest rate considers the effects of compounding, providing a true reflection of the annual cost of borrowing over a year.