The Trans-Pacific Partnership Case Study

Exclusively available on Available only on IvyPanda® Made by Human No AI

The Trans-Pacific Partnership is an agreement that is aimed at increasing the economic cooperation between such countries as the United States, Malaysia, Japan, Mexico, Canada, and many others. It should be noted that China is one of the states that have been excluded from this agreement.

This treaty gives rise to many disputes; for instance, one can speak about the threats to the job security of many employees and increasing outsourcing. One should keep in mind that policy-makers pay close attention to the protection of intellectual rights. In turn, in some countries of this union, there are practically no safeguards that can minimize the violations of copyright laws. These are some of the main details that can be singled out.

On the whole, this international treaty is closely related to various aspects of the law. Much attention should be paid to medical patents and copyright laws. The countries, which accept the common trade standards, should adopt similar legislation. For instance, the U. S. government adopted the Leahy–Smith America Invents Act which enables companies to patent medical innovations (Cahoy and Oswald 105). Furthermore, these countries should create institutions that support the registration of various patents, including medical ones. For instance, one can speak of organizations that can function as the U. S. Patent and Trademark Office (Burge 6).

Moreover, much attention should be paid to the enforcement of the legislation because the mere existence of laws does not ensure that the rights of manufacturers such as medical companies are properly protected. This argument can be particularly relevant if one speaks about developing countries that were willing to join this union. Thus, it is vital to avoid potential pitfalls related to the enforcement of copyright laws.

Additionally, some countries that may enter the Trans-Pacific Partnership may reject the standards imposed by the United States. For instance, American legislators enable organizations or individuals to patent surgical procedures (Kraemer 85). Therefore, it is possible to say that some foreign companies may not follow these norms. Many governments may not support the adoption of such standards.

Moreover, they are not included in the international copyright legislation. One should note that the international treatises about copyright laws often give rise to many debates. For instance, one can speak about the Agreement on Trade-Related Aspects of Intellectual Property or TRIPS (Kraemer 90). The provisions of this treaty are often violated by companies working in the countries that ratified this agreement. It is possible to say that the members of the Trans-Pacific Partnership may also face such difficulties. This is one of the challenges that policy-makers should anticipate.

Nevertheless, it should be noted that copyright laws are critical for improving the sustainability of many businesses, especially those which offer innovative products to clients. In turn, the absence of such safeguards can significantly diminish their competitiveness. Thus, one should take into account the interests of various stakeholders who may be affected by this international agreement. This is one of the main tasks that legislators should cope with.

On the whole, this discussion indicates that the ratification of the Trans-Pacific Partnership can have significant implications for various countries. Much attention should be paid to the norms that regulate the use of medical patients and other technologies since this particular aspect is critical for avoiding conflicts between organizations as well as governments. These are the main details that can be distinguished.

Works Cited

Burge, David. Patent and Trademark Tactics and Practice, New York: John Wiley & Sons, 1999. Print.

Cahoy, Daniel, and Linda Oswald. The Changing Face of US Patent Law and Its Impact on Business Strategy, New York: Edward Elgar Publishing, 2013. Print.

Kraemer, Sylvia. Science and Technology Policy in the United States: Open Systems in Action, New York: Rutgers University Press, 2006. Print.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2022, April 12). The Trans-Pacific Partnership. https://ivypanda.com/essays/the-trans-pacific-partnership/

Work Cited

"The Trans-Pacific Partnership." IvyPanda, 12 Apr. 2022, ivypanda.com/essays/the-trans-pacific-partnership/.

References

IvyPanda. (2022) 'The Trans-Pacific Partnership'. 12 April.

References

IvyPanda. 2022. "The Trans-Pacific Partnership." April 12, 2022. https://ivypanda.com/essays/the-trans-pacific-partnership/.

1. IvyPanda. "The Trans-Pacific Partnership." April 12, 2022. https://ivypanda.com/essays/the-trans-pacific-partnership/.


Bibliography


IvyPanda. "The Trans-Pacific Partnership." April 12, 2022. https://ivypanda.com/essays/the-trans-pacific-partnership/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1