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TRIPS is an agreement of the WTO. Which of the following is the correct full form of TRIPS?

1. Trade Related Aspects of Intellectual Property Rights
2. Trade Related Aspects of International Property Rights
3. Trade Related Aspects of Intelligence Property Rights
4. Trading Related Aspects of Intellectual Property Rights

Correct answer: Trade Related Aspects of Intellectual Property Rights

Solution

TRIPS stands for Trade-Related Aspects of Intellectual Property Rights. It is one of the WTO agreements dealing with standards for intellectual property protection.

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