Multiple choice

The term TRIPS and TRIMS are related to

  1. NAFTA

  2. SAPTA

  3. LFTA

  4. WTO

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

TRIPS (Trade-Related Aspects of Intellectual Property Rights) and TRIMS (Trade-Related Investment Measures) are both agreements administered by the World Trade Organization (WTO). They establish international standards for intellectual property protection and regulate investment measures that affect trade, respectively.