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ID number:555618
Published: 23.05.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used

International Law
Whenever issues affect more than one nation, typically the laws within a nation may not apply. Instead a treaty between two or more nations may provide the relevant law. There are many international treaties covering intellectual property. As an example the United States passed the Digital Millenium Copyright Act to implement certain treaty requirements. Typically, the developed and to a lesser extent the developing countries are interested in protecting intellectual property, since it is a value national asset, whereas undeveloped nations obtain an economic benefit from using such assets without paying the going rate for them. As a nation begins to develop more and more intellectual property of its own, it begins to have a greater incentive to protect that property.

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