The document discusses the ethical issues that arise from intellectual property rights (IPRs) as implemented in international trade agreements like TRIPS. It aims to 1) outline the key ethical problems caused by IPRs, 2) propose ways to alleviate these problems, and 3) briefly explain two classical defenses of IPRs. One major ethical issue discussed is that IPRs on life-saving medicines can limit access in a way that is inconsistent with individual freedoms and private property rights. However, defenders of IPRs may find a stronger argument in a consequentialist view that IPRs incentivize innovation and research that increases overall human welfare.