International trade agreements outline the conduct expected by the partners when trading with each other. One resource that has no international regulation though is ______.
A) water supply
B) trademarks
C) taxes
D) patents

Question

Quizplus · Accepted Answer

Water supply is not currently regulated under any international trade agreement. Trademarks, taxes, and patents are all subject to international regulation through agreements such as the World Trade Organization's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) and the Agreement on Subsidies and Countervailing Measures.

International Trade Agreements Outline the Conduct Expected by the Partners