A U.S.clothing manufacturer allows an overseas producer to use its designs and specifications to make clothes.This is an example of _____.

Name: A U.S.clothing manufacturer allows an overseas producer to use its designs and specifications to make clothes.This is an example of _____.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is an example of foreign licensing, where a company (licensor) allows another (licensee) in a different country to produce its product or use its intellectual property in exchange for a fee or royalty.

A USClothing Manufacturer Allows an Overseas Producer to Use Its Designs