Which of the Following Conventions Is Responsible for the Promotion

question 62

Multiple Choice

Which of the following conventions is responsible for the promotion of the protection of intellectual property rights among all the member countries of the UN?

• A) The Basel Convention
• B) The Madrid Arrangement
• C) The Tokyo Agreement
• D) The Eurasian Convention
• E) The World Intellectual Property Organization

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Definitions:

Seigniorage

Seigniorage is the profit made by a government by issuing currency, especially the difference between the face value of coins and their production costs.

Medium Of Exchange

An intermediary instrument, such as money, used to facilitate buying and selling goods and services.

Money

A medium of exchange that facilitates trade, serves as a unit of account, a store of value, and sometimes, a standard of deferred payment.

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type.