developing countries like Thailand rest their case in part on the purported use of CL in the
United States. In this Article we take issue with that proposition on several grounds. As a
textual matter, the" commercially reasonable terms" language in Arti-cle 31 of TRIPS, even
when qualified by the Doha declaration, prevents any host nation from using whatever
royalties it wants in its CL arrangements, especially those that are below marginal cost. As a …