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Question
Which of the following statements about the Trade-Related Aspects of Intellectual Property Rights (or TRIPS) agreement is true?
A) It was designed to oversee the loosening of intellectual property regulations, beginning in 1995.
B) It obliged WTO members to grant and enforce patents lasting at least 20 years and copyrights lasting 50 years.
C) It directed rich countries to comply with its rules of intellectual property protection within five years.
D) It provided the very poorest countries amnesty from complying with its rules of intellectual property protection.
Answer
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Related questions
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B) avail tax credit from governments.
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D) reduce the fixed costs of establishing a subsidiary.
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Pooling the cash of all the subsidiaries centrally
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_____ occurs when high-cost domestic producers are replaced by low-cost producers within the free trade area.
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B) enables participants to achieve gains from the free flow of investment.
C) allows countries to specialize in the production of goods and services that they can produce most efficiently.
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A) A free trade area
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⊚ true
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A) Treaty of Rome
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