The objective of this paper is to evaluate the possibilities for least developed country (LDC) Members of the World Trade Organization (WTO) to rely upon the WTO dispute settlement provisions to gain the benefits they reasonably believe should accrue to them from their participation in the WTO. Economists argue quite persuasively that economic benefits of WTO participation will best accrue to WTO Members as a result of the implementation of their WTO obligations into their domestic economic policies and regulatory structures. Lawyers, however, deal with rights and obligations as they are set out in the WTO agreements with a view to determining whether the actions of one Member have the effect of nullifying or impairing the benefit(s) other Members might reasonably expect to accrue to them.

Bangladesh continued to remain a major player in the massproduced segment of US apparels market. It is being observed that as quotas were phased out, prices in most categories have tended to come down. At the same time with quota elimination, US market size of those quota categories have also tended to expanded substantively. Professor Rahman drew attention to the fact that a $39 billion US apparel import market has now become a $78 billion market. Bangladesh had earlier

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