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    Global Business Today Study Set 5
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    Exam 7: Foreign Direct Investment
  5. Question
    Granting a Foreign Entity the Right to Produce and Sell
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Granting a Foreign Entity the Right to Produce and Sell

Question 151

Question 151

True/False

Granting a foreign entity the right to produce and sell the firm's product in return for a royalty fee on every unit the foreign entity sells is called licensing.

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