Explain how the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), created by the World Trade Organization (WTO), introduced intellectual property rules into the multilateral trade system.
Outline the five issues that the WTO TRIPS agreement covers, as mentioned in the text:
How basic principles of the trading system and other international intellectual property agreements should be applied
How to give adequate protection to intellectual property rights
How countries should enforce those rights adequately in their own territories
How to settle disputes on intellectual property between members of the WTO
Special transitional arrangements during the period when the new system is being introduced