Which of the following statements is/are correct about the Dispute Settlement Mechanism of the World Trade Organization(WTO)? 1. Settling disputes is the responsibility of the Dispute Settlement Body (the General Council in another guise), which consists of all WTO members. 2. Under the WTO rules of Dispute Settlement rulings could only be adopted by consensus, meaning that a single objection could block the ruling. 3. The WTO dispute Settlement mechanism is based on the provisions which exists under the General Agreement on Tariffs and Trade(GATT). Select the correct answer using the codes given below: - Study24x7
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UPSC & State PSC
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Which of the following statements is/are correct about the Dispute Settlement Mechanism of the World Trade Organization(WTO)? 1. Settling disputes is the responsibility of the Dispute Settlement Body (the General Council in another guise), which consists of all WTO members. 2. ...

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A

1 only

B

1 and 3 only

C

2 and 3 only

D

1, 2 and 3

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