Licensing permits firms to employ their expertise in foreign marketplace without...

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Licensing permits firms to employ their expertise in foreign marketplace without a

A. Investment

B. Acquisition of Subsidiary

C. International trade

D. Major investment in foreign countries

Answer: Option D

Solution (By Examveda Team)

Licensing permits firms to employ their expertise in foreign marketplace without a major investment in foreign countries. Licensing is a relatively flexible work agreement that can be customized to fit the needs and interests of both licensor and licensee.

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