Licensing fees in general are substantially lower than the profits that can be made through exporting or local manufacturing.

Name: Licensing fees in general are substantially lower than the profits that can be made through exporting or local manufacturing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Licensing fees are the fees charged for using a trademark, patent, or technology. The profits that can be made through exporting or local manufacturing can be much higher than the licensing fees.

Licensing Fees in General Are Substantially Lower Than the Profits