Licensing Is a Simple Way to Become Involved in International

Licensing is a simple way to become involved in international marketing.In licensing,the licensor issues a license to a foreign company to use a process,trademark,patent,or trade secret for a(n) ________.

A) limited period of time
B) fee or royalty
C) exchange of information or propriety information
D) exchange for access to the market place
E) exchange for "their" process, trademark, patent, or secret

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