Which of the following is an advantage inherent in the use of licensing?
A)The foreign country prefers it to exporting because it gains local employment.
B)It provides an exemption from domestic trade regulations.
C)There is an increase in potential profit compared with direct investment.
D)The licensor retains control of its product.
E)The licensor is protected from creating a potential competitor.

Question

Quizplus · Accepted Answer

Licensing can be advantageous because it allows the foreign country to gain local employment, which can make it more appealing than exporting.

Which of the Following Is an Advantage Inherent in the Use