Q. Consider the following statements in relation to the Anti-Counterfeit Trade Agreement (ACTA):

1. ACTA is referred to as a TRIPS-Plus agreement.
2. It is part of World Trade Organization (WTO) trade negotiations.
3. India is among the negotiating countries.
4. ACTA is concerned with counterfeit goods, generic medicines, and copyright infringement on the Internet.

Which of the above statements is / are correct?
Answer: Only 1 and 4
Notes: ACTA is called a TRIPS-Plus agreement because it surpasses minimum standards set by TRIPS. It is not a part of the WTO and was developed separately. India has not participated in its negotiations. ACTA's scope includes counterfeit goods, generic medicines, and copyright infringement online. Thus, only statements 1 and 4 are correct.