Generally, There Is No Infringement When a Product Patented in the United

question 33

True/False

Generally, there is no infringement when a product patented in the United States is made and sold in another country.

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Definitions:

Imported

Goods or services brought into a country from abroad for sale, contrasting with domestic products or services.

Producer Surplus

The discrepancy between what sellers are prepared to accept for a product or service and the actual amount they end up receiving.

Trade

The exchange of goods, services, or both between two or more parties across different geographies or markets.

World Price

The global equilibrium price of a good or service, determined by worldwide supply and demand.