HungryFrank, a Small Eatery Based in the U

Multiple Choice

HungryFrank, a small eatery based in the U.S. was reporting losses and wanted to turn its business around. It decided to start using the same name and menu as JoeClub, a popular Italian restaurant, instead if its own. HungryFrank agreed to pay royalty fees to JoeClub to be able to use its menu and name. This form of agreement is an example of _____.

A) direct foreign investment
B) exporting
C) licensing
D) protectionism