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What does the term “Biopiracy” refer to?

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The legal use of traditional knowledge by the indigenous people

The use of bio-resources by multinational companies without proper authorization and without compensatory payment

The conservation of biodiversity by multinational companies

The sharing of beneﬁts from genetic resources fairly between all countries

answer is B.

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Detailed Solution

“Biopiracy” refer to the use of bio-resources by multinational companies without proper authorization and without compensatory payment to the people.

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