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Firms use a variety of methods to conduct business intemationally. Consider the case of an MINC conducting international business via the use of licensing, franchising,
Firms use a variety of methods to conduct business intemationally.
Consider the case of an MINC conducting international business via the use of licensing, franchising, or joint ventures.
When this method of conducting international business is used, cash inflows come from
foreign importers
foreign exporters
while cash outflows flow to
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