Description
Many countries complain that Trade-Related Aspects of Intellectual Property Rights (TRIPs) agreements unfairly restrict technology transfer and provide more privileges for rich nations at the expense of poor nations. Provide arguments that either defend or oppose the statement. Indicate your position in the title page of your paper (defend or oppose).
Your paper should be 4-6 pages long and well written. Support your answers using 4-6 peer-reviewed articles/professional sources in addition to the textbook. Note that written assignments must have a title page, section headers, introduction, conclusion, and references page. Use of the CSU-Global Guide to Writing & APA is required in all your written papers.
Explanation & Answer
Attached.
Running Head: TRADE-RELATED ASPECTS OF INTELLECTUAL PROPERTY RIGHTS
Trade-Related Aspects of Intellectual Property Rights
Student’s Name
Professor’s Name
Course Title
Date
1
TRADE-RELATED ASPECTS OF INTELLECTUAL PROPERTY RIGHTS
2
A case for the Trade-Related Aspects of Intellectual Property Rights (TRIPs) in Developing
Countries
Introduction
The Traded Related Intellectual Property (TRIPS) Agreement has been a contentious issue. It
came about as a part of the Uruguay Round. It was this committee that also created the World
Trade Organization (WTO). The TRIPs is included as an annex to the WTO agreement as is also
the case for General Agreement on Tariffs and General Agreement on Trade in Services. This
agreement created a bare minimum in standards with regards to intellectual property for all
nations that were member states to the WTO (Ministry of Foreign Affairs, 2015). Furthermore, it
created an enforcement strategy, civil and administrative, that are applicable. The introduction of
this agreement brought about a shift in the trading system internationally. Consequently,
international property rights went from being outside the prerogative of the trading institutions to
being the fundamental standing in the trading system globally. There have been various schools
of thoughts on this issue. Some observers viewing this as a positive thing that will improve
protections for intellectual property and goods which is becoming vital to the international trade
in the foreign markets. However, some critics are against it, that the TRIPS agreement is
deleterious and that it becomes dominating to most of the developing countries. This paper,
however, will focus on some of the sustainable yet unexpected benefits that the TRIPS
agreemen...
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