ABC Company in the United States has given exclusive rights to XYZ Company in Switzerland to manufacture its products.What is this is an example of?
A) a foreign direct investment
B) a licensing arrangement
C) a branch office setup
D) a strategic alliance
E) an import-export relationship

Question

Quizplus · Accepted Answer

B)A licensing arrangement is one in which a company gives rights to a foreign company to manufacture its products.

ABC Company in the United States Has Given Exclusive Rights