Which of the following statements referring to intellectual property rights and violations is INCORRECT?
A) Richer countries claim looser regulation of intellectual property rights will hinder innovation.
B) Companies can register a global patent, trademark, or copyright through the World Trade Organization (WTO).
C) The International Anti-Counterfeiting Coalition estimates international trade in counterfeit products at $600 billion a year.
D) Developing markets claim tougher regulation of IPRs will slow, if not halt, their economic development.
Answer: B
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