In a licensing agreement, the multinational corporation will very likely

Question

Quizplus · Accepted Answer

A licensing agreement typically involves a multinational corporation granting permission for a foreign firm to use its technology, intellectual property, or other assets in exchange for a fee or royalties. This does not necessarily guarantee that the multinational corporation will be able to directly compete with local domestic manufacturers, nor does it automatically result in lower tariffs by the foreign government.

In a Licensing Agreement, the Multinational Corporation Will Very Likely