The Worldwide Duration of Patents That Begins at the Time

question 72

Multiple Choice

The worldwide duration of patents that begins at the time of application is

• A)10 years.
• B)1 year.
• C)20 years.
• D)50 years.

---

Definitions:

GDP Per Person

A measure of a country's economic output that accounts for its population, calculated by dividing the GDP by the total population.

Real GDP

The total value of all goods and services produced by a country in a year, adjusted for inflation, reflecting the economy's actual growth.

United States

A country located in North America, known for being the world’s largest economy and a federal republic consisting of 50 states and a federal district.

Real GDP

Inflation-adjusted Gross Domestic Product, offering a clearer view of an economy's actual size and its growth trajectory over periods.