The Anti-Counterfeiting Trade Agreement Established an International Governing Body to Be

question 22

Multiple Choice

The Anti-Counterfeiting Trade Agreement established an international governing body to be

• A)subject to the World Intellectual Property Organization.
• B)under the auspices of the World Trade Organization.
• C)part of the Internet Corporation for Assigned Names and Numbers.
• D)separate and distinct from existing organizations.

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Definitions:

Progressive Income Tax

A tax system in which the tax rate increases as the taxable amount increases, resulting in higher earners paying a larger percentage of their income in taxes than lower earners.

EBT Cards

Electronic Benefit Transfer cards used by state welfare departments to issue benefits, such as food stamps and cash assistance, electronically.

Income Redistribution

The transfer of income and wealth from certain individuals or groups to others through mechanisms such as taxes and social security.

Social Security System

A government program that provides financial assistance to people with insufficient or no income, mainly targeting the elderly, disabled, and the unemployed.