The Appellate Body agreed with the panel that the subsidies resulted in significant price suppression in the world market for cotton, thus causing serious prejudice to the trade interests of Brazil.

• 诉讼机构和争端解决小组一致认为，美国的补贴致使国际棉花市场的价格受到极大压制，进而严重损害了巴西的贸易利益。