Biopiracy and Biodiversity

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Questions and Answers

Which term is used to describe the unauthorized use of bio-resources by multinational companies and organizations without proper authorization or compensation?

  • Biopiracy (correct)
  • Bio-utilization
  • Bio-exploitation
  • Bio-infringement

What is the main difference between industrialized nations and developing/underdeveloped nations in terms of biodiversity and traditional knowledge?

  • Both industrialized and developing/underdeveloped nations are poor in biodiversity and traditional knowledge.
  • Industrialized nations are rich in biodiversity and traditional knowledge, while developing/underdeveloped nations are poor in these aspects.
  • Industrialized nations are poor in biodiversity and traditional knowledge, while developing/underdeveloped nations are rich in these aspects. (correct)
  • Both industrialized and developing/underdeveloped nations are rich in biodiversity and traditional knowledge.

What is the purpose of developing laws to prevent unauthorized exploitation of bio-resources and traditional knowledge?

  • To ensure multinational companies can freely use bio-resources and traditional knowledge.
  • To restrict the use of bio-resources and traditional knowledge to specific industries.
  • To protect the rights of developing countries and ensure fair compensation and benefit sharing. (correct)
  • To promote the commercialization of bio-resources and traditional knowledge.

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