In a licensing agreement,the multinational corporation will very likely:

Question

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A licensing agreement involves the multinational corporation allowing a foreign firm to use its technology, patents, or trademarks for a fee or a royalty payment. This allows the multinational corporation to generate revenue without having to invest heavily in production facilities or sales networks. It also helps the foreign firm to access new technology and improve its competitiveness in the local market. The other options are not applicable to a licensing agreement.

In a Licensing Agreement,the Multinational Corporation Will Very Likely