In a licensing agreement, the multinational corporation will very likely

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A licensing agreement involves a multinational corporation allowing a foreign firm to use its technology or intellectual property in exchange for a fee or royalty payments. This allows the multinational corporation to expand its reach and generate revenue without having to invest heavily in foreign operations. It does not necessarily mean that the corporation will compete with local manufacturers or experience import restrictions.

In a Licensing Agreement, the Multinational Corporation Will Very Likely