In the Uruguay Round,developed countries concluded an Agreement on Trade-Related Aspects of Intellectual Property Rights that required participants to:
A) protect private property owners' rights in all countries.
B) protect property rights in products such as software,digital entertainment,and pharmaceuticals.
C) liberalize restrictions on direct investment in a wide range of areas.
D) limit the exportation of products by a business.

Question

Quizplus · Accepted Answer

The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) required participants to protect property rights in products such as software, digital entertainment, and pharmaceuticals. This agreement was made by developed countries during the Uruguay Round of negotiations. TRIPS sets out minimum standards for protection and enforcement of intellectual property rights such as patents, trademarks, and copyrights, and applies to all types of intellectual property.

In the Uruguay Round,developed Countries Concluded an Agreement on Trade-Related