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TeachMeFinance.com - explain Dispute Settlement Body (DSB) Dispute Settlement Body (DSB) The term 'Dispute Settlement Body (DSB) ' as it applies to the area of agriculture can be defined as ' The General Council of the World Trade Organization, composed of all member countries, convenes as the Dispute Settlement Body to administer rules and procedures. It is responsible for adjudicating disputes arising under various multilateral trade agreements. The DSB has authority to establish panels, adopt panel and Appellate Body reports, maintain surveillance of implementation of rulings and recommendation, and authorize suspension of concession or other obligations under the various agreements'. Previous 5 Terms: Displacement or Volumetric Pump Displacement pump Disposition, natural gas Disposition, petroleum Disproportionate Share Hospital Next 5 Terms: Dissolve Dissolved oxygen (DO) Dissolved oxygen (DO) distaff distance About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.