State the Background and Purpose of the Agreement on Trade-Related

question 16

Essay

State the background and purpose of the Agreement on Trade-Related Aspects of Intellectual Property Rights.

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Definitions:

Reseller

A company or individual that purchases goods or services with the intention of selling them rather than consuming or using them.

Reseller Firms

Companies that purchase goods or services with the intention of reselling them rather than consuming or using them.

Physical Products

Tangible items that can be seen, touched, and purchased, as opposed to services or digital goods.

Industrial Market

The market for goods, services, and supplies used in the production of other goods and services rather than for personal consumption.