Which of the following statements are true about globalization methods?
A) International licensing involves the creation of a new company that is owned by two or more firms from different countries.
B) Exporting involves contracts that allow a foreign company to use a domestic company's trademarks, patents, processes, or technology.
C) Global sourcing involves the close coordination of research and development, purchasing, marketing, and manufacturing across national boundaries.
D) A wholly owned international subsidiary is created when a foreign government owns 100% of the equity in a U.S. based firm.
Correct Answer:
Verified
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