A. Differentiate between TRIPs and TRIMs. State the
items prohibited in TRIMs.
B. Briefly describe India's policy on import of
technology.
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Answer Posted / zeeshan ul haq
TRIP: Trade Related Aspect of Intellectual Property Rights
is an agreement which allow members to provide protection of
intellectual property and left free to determine the
appropriate method of implementing the provisions of the
agreement within their own legal system and practice.
TRIM: Trade Related Investment Measures an agreement
regarding Trade Related that making the approval of
investment conditional on compliance with laws, polices or
administrative regulations that favoured domestic products.
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