Foreign Residents Can Benefit from U

question 14

Multiple Choice

Foreign residents can benefit from U.S. research and development activity because

• A) they ignore U.S. patent laws and steal the technology.
• B) they can import the goods, obtaining inputs at lower cost than they would otherwise.
• C) countries usually share patented ideas.
• D) patents do a poor job of protecting the inventor.

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Definitions:

Broadcast Media

Platforms such as television and radio that disseminate information, news, and entertainment to a wide audience through electromagnetic waves.

Regulations

Rules and guidelines issued by governmental agencies for the purpose of controlling or governing certain practices or activities within society.

Ownership

The legal right to possess, use, and dispose of something, such as property or intellectual property.

Fairness Doctrine

A former policy of the United States Federal Communications Commission that required the holders of broadcast licenses to present controversial issues of public importance in a manner that was, in the FCC's view, honest, equitable, and balanced.