Which of the Following Statements About the Trade-Related Aspects of Intellectual

Multiple Choice

Which of the following statements about the Trade-Related Aspects of Intellectual Property Rights (or TRIPS) agreement is true?

A) It was designed to oversee the loosening of intellectual property regulations, beginning in 1995.
B) It obliged WTO members to grant and enforce patents lasting at least 20 years and copyrights lasting 50 years.
C) It directed rich countries to comply with its rules of intellectual property protection within five years.
D) It provided the very poorest countries amnesty from complying with its rules of intellectual property protection.