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Question


In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee:


Options:
A .   Licensing 
B .   Contract manufacturing 
C .   Joint venture
D .   None of these
Answer: Option A
:
A

In licensing, the domestic manufacturer gives the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee.



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