QUESTION 7 You are the CEO of a merchandising company, looking to establish the right to create your product in a foreign country for a fee. You would most likely look into Exporting, because the most cost-effective way to sell goods to a foreign country is to manufacture locally and distribute to foreign countries Franchising, because this involves granting a foreign company the right to create a company's product in exchange for a fee O Licensing, because this involves granting a foreign company the right to create a company's product in exchange for a fee O Forming a Joint Venture, because one U.S. company cannot perform business abroad unless they form a partnership O Making an Acquisition, because the only way to sell products in a foreign country is to acquire a local manufacturer