Which of the following statements is true about Trade Related Aspects of International Property Rights (TRIPS)?
A) Its national treatment policy provides greater protection to domestic products.
B) Its most-favored-nation policy extends preferential treatment to some of its member nations.
C) It does not provide copyright protection to rental rights.
D) It protects names that indicate the geographical origin of a product.

Question

Quizplus · Accepted Answer

TRIPS does protect names that indicate the geographical origin of a product, through its policy on geographical indications. Option A is incorrect as TRIPS aims to provide equal protection to both domestic and foreign products. Option B is incorrect as the most-favored-nation policy requires member nations to extend the same treatment to all other member nations. Option C is incorrect as TRIPS does provide rental rights protection under its copyright policy.

Which of the Following Statements Is True About Trade Related