Licensing, in international marketing,
A. requires a producer to pay a licensing fee to the country where it wants to sell its products.
B. increases the risk that a company's production facilities will be taken over by the foreign country.
C. refers to foreign intermediaries agreeing to sell products produced in this country.
D. means a company selling the right to use a process, trademark, patent, or other right for a fee or royalty.
E. None of these answers is correct.
Answer: D
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