Both import/export and licensing strategies do NOT require capital outlays in the form of investment in the foreign markets that are being served.

Name: Both import/export and licensing strategies do NOT require capital outlays in the form of investment in the foreign markets that are being served.
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Question

Quizplus · Accepted Answer

Both import/export and licensing strategies involve either importing/exporting goods or licensing technology/intellectual property, which do not require direct investments in foreign markets.

Both Import/export and Licensing Strategies Do NOT Require Capital Outlays