Under an international licensing agreement,a foreign company pays a royalty fee to manufacture or sell your U.S.?
made products in its own country,using your name and your processes and perhaps your intellectual property.

Question

Quizplus · Accepted Answer

In an international licensing agreement, a foreign company indeed pays a royalty fee to a domestic company for the rights to manufacture or sell the domestic company's products in the foreign company's country. This agreement often includes the use of the domestic company's name, processes, and intellectual property.

Under an International Licensing Agreement,a Foreign Company Pays a Royalty