Licensing makes for a flatter world, because it creates a legal vehicle for taking a product or service delivered in one country and providing a nearly identical version of that product or service in another country.

Question

Quizplus · Accepted Answer

Licensing allows companies to share their intellectual property, such as trademarks, patents, or technology, with partners in different countries, enabling them to offer similar products or services globally. This process helps in standardizing offerings across borders, contributing to a more uniform global market.

Licensing Makes for a Flatter World, Because It Creates a Legal