Licensing agreements enable energy and defense firms to enter nations that allow the foreign ownership of businesses related to national security.

Question

Quizplus · Accepted Answer

Licensing agreements allow firms to enter foreign markets by granting a foreign company the rights to produce or sell goods under the original company's trademark or technology, but they do not circumvent laws regarding foreign ownership of businesses related to national security. National security concerns often lead to stricter regulations and limitations on foreign ownership in energy and defense sectors.

Licensing Agreements Enable Energy and Defense Firms to Enter Nations