world_organizations medium Fill in the Blank

The Madrid System for the International Registration of Marks, administered by WIPO, allows trademark owners to protect their marks in multiple jurisdictions by filing one application in one language and paying one set of _____.

  1. taxes
  2. fees
  3. royalties
  4. duties

Answer: fees

The Madrid System simplifies and reduces costs of international trademark protection. Applicants file through their national office, designate member countries, and pay a single set of fees to WIPO, which then forwards the application to designated offices for examination under national laws.

Topic World Intellectual Property Organization
Exam Relevance UPSC, Banking, SSC
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