A licensing agreement provides a U.S. multinational corporation with a guarantee that it will be able to export the product to the foreign market.

Question

Quizplus · Accepted Answer

A licensing agreement grants the foreign company the right to use the technology or trademark of the U.S. multinational corporation, but does not necessarily guarantee exportation of the product to that market. The terms of the agreement may include limitations or exclusivity clauses that could restrict international sales.

A Licensing Agreement Provides a U