. _______ Foreign licensing is similar toa. starting from scratch.b. franchising.c. wholesaling.d. establishing a subsidiary in another country.e. establishing a sales office in a foreigncountry.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter1: Multinational Financial Management: An Overview
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. _______ Foreign licensing is similar to
a. starting from scratch.
b. franchising.
c. wholesaling.
d. establishing a subsidiary in another country.
e. establishing a sales office in a foreign
country.

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