Certified Production & Operations Manager (POM) 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 480

With reference to cultural and ethical issues, the World Trade Organization has?

Made progress in providing equal protection of intellectual property among nations

The World Trade Organization (WTO) has made significant strides in addressing the protection of intellectual property rights on a global scale, particularly through the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement. This agreement aims to establish minimum standards of intellectual property protection that member nations must adhere to, fostering a more equitable trading environment. By promoting consistent protection across borders, the WTO seeks to enhance international trade by ensuring that innovations and creative works are legally protected against unauthorized use in different countries. This is crucial for fostering economic growth and innovation, as well as creating a fair competitive landscape in international markets. The emphasis on the importance of intellectual property underscores the WTO’s role in navigating cultural and ethical issues related to trade.

Get further explanation with Examzify DeepDiveBeta

Neglected ethical trade practices

Focused solely on economic growth

Limited member nations' trading options

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy