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QUESTION 12 1.____ is a contractual agreement where one firm gives another permission to produce and market its product and brand name in exchange for

QUESTION 12

1.____ is a contractual agreement where one firm gives another permission to produce and market its product and brand name in exchange for a fee.

a.

Licensing

b.

Countertrade

c.

Strategic alliance

d.

Joint venture

e.

Exporting

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