Question

Which international agreement establishes minimum standards for the protection of intellectual property rights, including patents, trademarks, and copyrights?

• A. Paris Convention for the Protection of Industrial Property
• B. Berne Convention for the Protection of Literary and Artistic Works
• C. Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)
• D. Madrid Agreement Concerning the International Registration of Marks

Hint:

TRIPS is the most comprehensive international agreement addressing the protection of intellectual property rights and includes both developed and developing countries.

Answer 1

The Correct Option is C

The TRIPS agreement, part of the World Trade Organization (WTO), sets minimum standards for the protection of intellectual property rights, including patents, copyrights, and trademarks. It aims to balance the protection of intellectual property and public interest, ensuring fair trade practices.