_____ allows another firm to produce and sell a company's product abroad.

Question

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A foreign license agreement allows another firm to produce and sell a company's product abroad under certain conditions and terms. An international franchise involves the licensing of a company's entire business model, including branding, products, and services. Subcontracting involves a company outsourcing a specific aspect of its production process to another company. A joint venture involves two or more companies teaming up to form a new entity and share resources and profits. Among these options, a foreign license agreement is the most appropriate choice.

_____ Allows Another Firm to Produce and Sell a Company's