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Which of the Followings Statements Is True

question 2

Multiple Choice

Which of the followings statements is true?


Definitions:

Global Corporations

Large companies that operate and provide goods or services in multiple countries beyond their home country.

Export Industries

Sectors of a country's economy that produce goods or services for sale to foreign countries.

Licensing Agreement

A legal contract whereby one party (the licensor) allows another party (the licensee) to use its intellectual property, brand, or product under specified conditions.

Global Business

The conduction of trade, production, or services across national borders, involving the planning and execution of transactions on an international scale.

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