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Question
As a mode of international market entry, licensing agreements pose the following limitation(s):a. a firm has less control over a license than over its own exporting or manufacturing abroad.
b. licensing agreements include a time limit and additional extensions (beyond the first) that may not be readily permitted by a number of foreign governments.
c. the licensee may become an important competitor in the future.
d. all of the above
e. (b) and (c) only
Answer
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Related questions
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