If 3M,an American firm,produces adhesive tape in St.Paul,Minnesota,and ships the tape to South Korea to be sold,that is an example of:

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Exporting refers to the process of selling goods or services produced in one country to another country. In this scenario, 3M is producing adhesive tape in the United States and selling it to South Korea, which qualifies as exporting. Licensing involves granting permission to another company to use a firm's intellectual property. Franchising is a form of licensing in which a company allows another party to use its business model and branding in exchange for fees and royalties. Cross-border investing usually involves investing in companies or assets in foreign countries, while international trade refers to the exchange of goods and services between countries.

If 3M,an American Firm,produces Adhesive Tape in St