Briefly discuss the findings of the U.S. Department of Commerce in 2018 that the Chinese government had engaged in unfair policies and practices involving U.S. intellectual property.

What will be an ideal response?


POSSIBLE RESPONSE: In its investigation, the U.S. Department of Commerce found that the Chinese government had engaged in a range of unfair policies and practices toward U.S. intellectual property such as patents, copyrights, and trade secrets. These unfair policies and practices included the Chinese government's requirement that U.S. companies enter into joint ventures, making direct investment in China. That leads to forced transfer of technology and other intellectual property to their Chinese partners. The Chinese government was also found to require prior approval of U.S. companies' direct investment in China as another way to force such transfers. The Chinese government also directed its companies to use their foreign direct investment to obtain foreign technology and other intellectual property.

Economics

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A rightward shift of the aggregate demand curve leads to

A) an upward movement along the short-run Phillips curve. B) neither a movement along nor a shift in the short-run Phillips curve. C) a downward movement along the short-run Phillips curve. D) a leftward shift of the short-run Phillips curve. E) a rightward shift of the short-run Phillips curve.

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Regulation of a natural monopoly will maximize the sum of consumer surplus and producer surplus if the firm is regulated with

A) an average cost pricing rule. B) a marginal cost pricing rule. C) rate of return regulation. D) All of the above answers are correct.

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The closed shop was outlawed by which act passed by Congress in 1947?

a. Landrum-Griffin Act b. Wagner Act c. Norris-LaGuardia Act d. Civil Rights Act e. Taft-Hartley Act

Economics

According to the availability heuristic, the more easily we can recall examples of an event:

A. the more we like the event. B. the less we like the event. C. the more likely we judge the event to be. D. the less likely we judge the event to be.

Economics