Which of the Following Is a Feature of Trade Related

question 100

Multiple Choice

Which of the following is a feature of Trade Related Aspects of International Property Rights (TRIPS) ?

• A) It mandates that patents must be protected for at least 30 years.
• B) It requires industrial designs to be protected for at least 25 years.
• C) Under it, countries have the right not to patent different processes, such as surgical methods.
• D) It prohibits countries from issuing compulsory licenses to force production of a patented product, even if the patent holder's rights are protected.

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Definitions:

Systematic Risk

The peril present throughout an entire market or a portion of the market that cannot be alleviated by spreading investments.

Non-diversifiable Risk

The portion of an investment's risk that cannot be eliminated through diversification, related to factors affecting the entire market.

Unsystematic Risk

A type of risk that affects a small number of assets, often referred to as "specific risk," and is related to issues like management performance or consumer preferences.

Marketplace

A venue for buying and selling goods, services, or financial instruments, which can be physical or virtual.