Question 14 2.5 pts The use of agency arrangements allows a U.S. firm to avoid taxation on sales made in its agent's country. True False Question 15 2.5 pts Franchising is a form of licensing that now is very common in international business. True False Question 16 Question 16 2.5 pts Three defenses are commonly raised to the extraterritorial application of U.S. antitrust laws. They are: act-of-state, sovereign compliance, and sovereign immunity doctrines. jurisdictional rule of reason, effects doctrine, and comity. foreign legislation, sovereign compliance, and comity. foreign antitrust laws, sovereign immunity doctrine, and International Monetary Fund applications