Sequence the following different settlement stages of the WTO dispute settlement System.

A. Retaliation

B. Implementation

C. Panel Review

D. Appellate

E. Consultations

Choose the correct answer from the options given below:

The correct answer is E, C, D, B, A.

Key Points The correct sequence of the different settlement stages of the WTO dispute settlement system is as follows:

E. Consultations
Consultations are the first stage of the WTO dispute settlement process. It involves the parties involved in a dispute attempting to resolve the matter through negotiations and discussions.

C. Panel Review
If consultations fail to resolve the dispute, the complaining party can request the establishment of a panel. The panel conducts a review of the dispute, examines the evidence and arguments presented by both parties, and issues a report with its findings and recommendations.

D. Appellate
Either party can appeal the panel's decision to the WTO Appellate Body if they believe there are errors in the panel's legal interpretation or application. The Appellate Body reviews the appeal and issues its own report, which is binding on the parties.

B. Implementation
After the panel or Appellate Body report is adopted by the WTO Dispute Settlement Body, the losing party is required to bring its measures into compliance with the WTO agreements. This stage is known as implementation, where the party must take appropriate actions to resolve the dispute and bring its measures in line with WTO rules.

A. Retaliation
If the losing party fails to implement the recommendations and rulings within a reasonable time, the prevailing party can request authorization from the WTO to impose retaliatory measures. Retaliation is the last stage of the dispute settlement system and involves imposing trade sanctions or other measures on the non-compliant party.

Hence, the correct answer is E, C, D, B, A